Economics 101 question
Let’s say you have a box that (completely legally) spits out 1 dollar per day. I’m using “box” in an abstract sense here: maybe it’s an investment or a business opportunity. How much would you pay for this box? In other words, what’s its fair market value?
What if it spit out one dollar per hour? Would you pay exactly 24x as much for it then? Or one per week–would you pay 1/7th as much?
What if it’s hard to measure how much money comes out of it–maybe sometimes it emits a dollar, but sometimes you have to put one in. Then what? -m