The Difference Between Intrinsic Value and Instrumental Value Is That

question 51

Multiple Choice

The difference between intrinsic value and instrumental value is that:

• A)as opposed to instrumental value, intrinsic value refers to the adoption of those standards that are ultimately unique to a society.
• B)as opposed to intrinsic value, instrumental value refers to the quality by which the pursuit of one value is a good way to reach another value.
• C)as opposed to intrinsic value, instrumental value refers to the quality by which a value is a good thing in itself and is pursued for its own sake, whether anything comes from that pursuit or not.
• D)as opposed to instrumental value, intrinsic value refers to values acquired through media and religion.

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Definitions:

Compounded Quarterly

The process where interest is calculated and added to the principal sum of an investment or loan on a quarterly basis.

Lifetime Subscription

A one-time payment plan for a product or service that grants the subscriber access for the lifetime of the product or service.

Annually

Occurring once every year.

Renewal Rate

The percentage of customers or subscribers who choose to renew their contracts or agreements over a specified period.