3 years ago

What does market value of a good or service mean?

Social Studies

1 answer:

fenix001 [56]3 years ago

6 0

Answer:

D. current price of a good or service

Explanation:

Market value is the price of the goods or services on the current market.

It is estimated through the value of the goods or services, the highest price that the buyer is willing to pay and the lowest price for which the seller is willing to give out the goods or services. If the valuation of the product pr service is high, the market value or the price will be higher.

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