Answered

At Westonci.ca, we connect you with experts who provide detailed answers to your most pressing questions. Start exploring now! Connect with professionals on our platform to receive accurate answers to your questions quickly and efficiently. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

Select the correct answer.

Which of these statements explains the term price?

A. The money spent by a seller to advertise a product
B. The money spent by a manufacturer to make a product
C. The money spent by a buyer to purchase a product

Sagot :

GinnyAnswer

Final answer:

Price is the money spent by a buyer to purchase a product.


Explanation:

Price refers to the money spent by a buyer to purchase a product. It is what a buyer pays for a unit of a specific good or service. The total number of units that consumers would purchase at that price is called the quantity demanded.


Learn more about Price here:

https://brainly.com/question/19581350


We appreciate your visit. Our platform is always here to offer accurate and reliable answers. Return anytime. Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Discover more at Westonci.ca. Return for the latest expert answers and updates on various topics.