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3.
The First Postulate: Value
Price triggers the transaction
Price and value are, in principle, the same phenomenon regarded
from the opposite positions. Price is the level above which
the seller is willing to exchange his/her product for money.
The buyers opinion on value in relation to price is
expressed by the amount of money he/she is ready to exchange
for the product. The transaction
will be performed at the moment when the buyer realises that
the value of the offer is equal with or higher than the price
asked (including all costs that he/she is aware
of).
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