What does market value of a good or service mean?

English

1 answer:

Vanyuwa [196]2 years ago

7 0

Answer:

Explanation:

Market value is the highest price that a willing buyer will pay for a good or service and the lowest price at which a willing seller will sell it if both the buyer and seller have all the relevant information concerning the purchase and the good or service has been exposed to the market for a reasonable time.

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