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The value of something is determined by its perceived worth in relation to demand and supply. High demand and limited supply typically increase value, while low demand and high supply can decrease it. Additionally, factors like quality, rarity, and utility also play significant roles in influencing value. Ultimately, value is subjective and can vary among individuals and contexts.

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1mo ago

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The serial number of my Bb Bach Stradivarious trumpet is 16718 What would it's estimated value be?

I think the value of your trumpet depends more on the model of your trumpet, how old it is and of there's any dents or if any part of your trumpet docent work.


Examples of instrumental value?

Instrumental Value- Hard work and study in order to reach them. students often falter in their studies, or spend years jumping from one course to another course, Because their goal values are unclear, They do not know what they want.


What is Adam Smiths value theory of labor?

Adam Smith's value theory of labor posits that the value of a good is determined by the labor required to produce it. In his seminal work, "The Wealth of Nations," Smith argues that labor is the primary source of wealth and that the division of labor enhances productivity. He distinguishes between "use value" and "exchange value," suggesting that while goods may have intrinsic utility, their market value often reflects the labor invested in them. This theory laid the groundwork for later economic thought, influencing the development of classical economics.


What is the value of a 1993 DH Baldwin Piano in excellent condition?

Between 10-25,000.00 if in excellent condition and all keys work. Make sure to play it and check the strings.


What is sentimental value?

Sentimental value attached to an object or a place is the value that comes from a previous emotion or experience. For something to have sentimental value, it has to give out certain memories.

Related Questions

What the difference between planned value and earned value?

Planned Value is the authorized budget assigned to the scheduled work to be accomplished for a schedule activity or a work breakdown structure component Earned Value is the value of completed work expressed in terms of the approved budget assigned to that work for a schedule activity or work breakdown structure component.


A commitment to the value of work and purposeful activity?

work ethic??


'How do you do formulas on Excel and continue to work with answer as a numerical value and not a formula '?

'How do you do formulas on excel and continue to work with answer as a numerical value and not a formula '


How can you tell what value a piece of artwork has?

The way the art work has been presented and what the art work expresses is how you can tell the value.


Which element is not necessary to prevent value conflict in the work place?

elements that is not necessary to prevent value conflicts in the work place?


How do you difine work ethics?

Work ethic is the belief in the moral value of hard work.


What do you value most about your work?

Stuff


What do you think is the difference between the value of a work of art and the price of a work of art?

I think that value is a perceptive quality, while priceis a market quality which may, or may not, reflect that value.


Based on your work experience and qualifications how can you add value to the job sector?

BASED ON YOUR WORK EXPERIENCE AND QUALIFICATIONS, HOW CAN YOU ADD VALUE TO THE JOB SECTOR


What is an work of art that have scientific value?

a work of art that has scientific value is the menacing disk. cause it was used for many reason in the past days


How do you work the value of two numbers?

devide it


How did writers in the North feel about people in the South?

They did not value education and hard work.