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Suppose that you can buy a gold nugget for $ 5 , 0 0 0 . 1 . What is the difference between price and

Suppose that you can buy a gold nugget for $

5, 000 . 1 .

What is the difference between price and value of the gold nugget?

2 .

Is buying the gold nugget an investment activity or speculation activity?

3 .

Please explain the difference between investment and speculation using "price" and "value".

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