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Page 3 of 3 An example of this type of value evaluation might be illustrated in the following situation: a girl is invited to the senior prom. She is invited by the boy she happens to like and admire the most out of all the other boys in her school. At the beginning of the evening he presents her with a beautiful corsage, which likely set the young lad back several dollars, and proabably could have been sold for that or more to one of the other young hapless lads who had neglected to have the forethought to acquire this very important prom item. By the end of the evening however, the corsage is withered and crushed. Obviously it is no longer a particularly desirable item of property, and it is doubtful that anyone in the room would have offered even so much as a penny for it. The girl however extracts from the corsage a single blossom and presses it in a book later that night before retiring to bed. It becomes a treasured keep-sake. This item might be, for the moment at least, the single most highly valued item of property this girl has in her possession. It is doubtful that she would receive a single offer in any market that could be established, but that pressed flower is a property and fulfills the characteristics of having value to its owner. Go to next lesson ...>>
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