Difference between Price and Value:


Price 
Value
Price is the amount one pays to acquire the product or service.
Value is the utility of the good or service to the consumer.
Price is numerical.
Value cannot be calculated in numbers
Price is what it can get in the market in terms of money.
Value is inherent quality in a good.
Value in exchange of a good is price.
Value is a person’s opinion about the worth of the product or service.
Price do not varies from person to person.
Value varies from person to person.

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