Although we use the words value and price interchangeably there does exist a distinct difference between the two entities. These two also have a unique significance in the world of business, economics, and philosophy. Value is at the basic level the desirability or usefulness of a particular service or product. It is dependent on the social context and individual preference. While price keeps fluctuating or even if it is stable, the value is not on the same par as the price. In short, price is what you pay for a product and value denotes what the particular product gives you. These 20 influential quotes on price and value can help you understand the two concepts better.
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