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UNDERSTANDING THE DIFFERENCE BETWEEN VALUE AND PRICE
Grasping the distinction between value and price is essential for making informed decisions in today’s marketplace. Price is simply the dollar amount you pay for a product, but value reflects the true worth and significance of that product to you or to society as a whole. By recognizing this difference, consumers can go beyond mere transactions and make choices that align with their needs, priorities, and overall satisfaction. Understanding value empowers you to appreciate what you're buying and ensures that your investments lead to meaningful experiences and benefits.