In art, 'value' does not refer to the cost of a work, but rather its perceived quality and cultural importance.
False. In the context of art, the term 'value' does not refer to the cost of a work but rather to its perceived quality, merit, and importance within a cultural context.
For example, when a painter uses materials like gold leaf in a painting, its monetary and cultural value increase, reflecting not just the cost but also the artistic significance.
As stated, 'A thing does not have value because of its cost, but it costs because it has value.'
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