13-7 Value scales consist of specific units, and associated subjective utilities

“Acting man does not evaluate the goods open to him by abstract classes, but in terms of the specific units available.”

“A supply—a commodity available in specific homogeneous units equally capable of rendering the same service to the actor.”

Next:

• 13-7a The difference in goods can be ascertained only through human actions
• 13-8 As the quantity of the supply (stock) of a good increases, the utility (value) of each additional unit decreases

Related:

• 11-3.5 There is no universal utility. Utility doesn’t exist in the abstract, it must be rooted in the context and corresponding explanations.
• 13-4d1 A good is valued not for itself, but for its service in satisfying the wants of acting individual