Price vs Worth vs Value

We are using prices, worth and value to mean specific things here. The price (as we’re using it) is the number of currency units it would take to buy a good or service. In this context the worth is the economic importance the good or service is thought to have, the thing the price is intended to represent. The value is the actual benefit or enjoyment that a good or service yields. These terms tend to become blurred in standard economics, but here we have to keep them separate. See Value.