VALUE

Question 1

This one is relatively inexpensive.

Answer 1

You’re shopping for wine at a wine store. You want a wine that’s good but not too expensive. The store employee makes this recommendation.
This one is relatively inexpensive.
(something) is inexpensive
“Inexpensive” means “not expensive” or “cheap”.

The word “cheap” can have a slightly negative connotation. You call things that are low quality “cheap”:

I ended up spending the night in a cheap hotel.

But “inexpensive” doesn’t have the same negative sound, so it’s good to use if you work at a store and want to tell customers about a cheap item.

The letters “in-“ are used at the beginning of several words to mean “not ___”. In this example, “inexpensive” means “not expensive”. Here are some other examples:

incapable - not capable of doing something (not able to do it)
inoffensive - not offensive (not making people shocked and angry)
inconsiderate - not considerate of other people (not thinking about other people’s feelings)
inconsequential - not consequential (not important)
relatively (adjective)
Use this expression when you want to compare something to other things of the same kind.

For example, if you say that a wine is “relatively inexpensive”, it means that it’s cheaper than a lot of other wines that are of similar quality. The price might still seem expensive to the customer, but it is “relatively” cheap compared to those other wines.

The way that people use “relatively ___” is similar to “pretty ___” or “rather ___”. It means an amount which is larger than “a little ___” but less than “very ___”. So here are some examples:

Most movies are about 90-100 minutes long. So a move that is 85 minutes long is “relatively short”.
The average height for men in the U.S. is 5 feet, 9 inches. Very tall people are sometimes 6 feet, 5 inches. So a 6-foot-tall man is “relatively tall”.
Some adjectives which often appear after “relatively” are:

relatively small (number, percentage, budget)

relatively low (cost, chances, prices)

relatively easy (to do something)

relatively short (distance, time)

relatively simple

Question 2

It’s a good value for the price.

Answer 2

You bought a cheap bottle of wine, but you were pleasantly surprised by how good it was. You write this in your review of the wine on a web site.
It’s a good value for the price.
(something) is a good value
“Value” is a quality that means the amount of use or enjoyment that you get from something.

“Value” is similar to “price” in some ways. But the “price” of something means how much it actually costs, while the “value” means something closer to the “real” worth.

When something is “a good value”, it means that its value is high compared to how much it costs. You use it like this:

They aren’t cheap, but they’re a good value.

Question 3

It’s probably not even worth entering.

Answer 3

There’s an art contest at your school. You’re an artist, but you don’t feel confident in your ability so you don’t think you’ll be able to win. You don’t think you should enter the contest. After telling your friend that your work isn’t good enough to win, you say this.
It’s probably not even worth entering.
it’s not worth (doing something)
When the value of something you’re buying is higher than the cost, you say that it’s “worth the money”. Here’s an example:

This coat was pretty expensive, but it’s definitely worth it.

You can also use “worth ___ing” when you’re talking about whether the value you get from doing something is higher than the money, time, and work that it takes. Like when you go to see a movie, it costs money and takes up a few hours of your time. So people often ask their friends questions like:

Would you say it’s worth seeing?

Use the phrase “it’s not worth ___ing” to talk about an action that wastes time or money, and isn’t enjoyable. In the example at top, the speaker says “it’s not worth entering” because he feels that he won’t be able to win, so entering the contest will only cost money and time.