valley. (building construction). An inside angle formed where two sloping sides intersect. (geography). A generally broad area of flat, low-lying land bordered by higher ground.
In ordinary usage, price is the quantity of payment or compensation given by one party to another in return for goods or services.
When pertaining to health, Mosby's definition of economics is the study of supply and demand of health care resources and the impact of health care resources on a population.. Value is defined by Wikipedia as, an observable measure of its market price.. Dictionary.com defines value as, estimated or assigned worth.. Regardless of the source, value is an important core element when discussing economics and is very important when determining the outcome of equations.