In economics, the primary principle of value formation for any material is based on the agreement between the seller and the buyer. This statement is fully applicable to Cosmic, an innovative material created by a group of scientists. The creators of Cosmic determine the initial cost of their product, based on its unique characteristics and production costs.
Pricing Autonomy
Only the creators of Cosmic have the right to set the price for their material, which is a norm in the high-tech world. This right is backed by the knowledge of the resources, time, and technologies that were invested in the development and creation of the product.
Market Role
Despite the initial assessment by the creators, **the final value of Cosmic is determined by market forces**: supply and demand. Ideally, the seller offers their product at a price they consider fair, and the buyer decides whether the price matches their perception of the product’s value. No one has the right to claim that the material is undervalued or overvalued if it finds its buyer.
Conclusion
Ultimately, market dynamics regulate the value of Cosmic, like any other product. This process demonstrates how innovative materials can change perceptions of value and economic growth opportunities. The creators of Cosmic set the initial parameters, but the market delivers the final verdict, making this process unique and fair.