The market value of a good or service is:
A. the price at which it is bought and sold.
B. the government's valuation using the CPI.
C. the price at which producers are willing to sell an output.
D. None of these statements is true.
Answer: A
The market value of a good or service is:
A. the price at which it is bought and sold.
B. the government's valuation using the CPI.
C. the price at which producers are willing to sell an output.
D. None of these statements is true.
If the answers is incorrect or not given, you can answer the above question in the comment box. If the answers is incorrect or not given, you can answer the above question in the comment box.