ECONOMICS
TRADE EXCHANGE AND INTERDEPENDENCE
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Expensive
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Trade
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Equal in value
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Cheap
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Detailed explanation-1: -Value the verb: consider (someone or something) to be important or beneficial; have a high opinion of. And worth the noun: the value equivalent to that of someone or something under consideration; the level at which someone or something deserves to be valued or rated.
Detailed explanation-2: -Value refers to both the emotional and monetary cost of that item. Worth refers only to the monetary cost of an item. The worth of an item tends to stay the same, but the value of that item can fluctuate depending on the person, and that item’s significance to them individually.
Detailed explanation-3: -It is equal to the company’s share price divided by its earnings per share (EPS).
Detailed explanation-4: -1. : equal in value to. : having assets or income equal to. : deserving of. well worth the effort.