Answer:
D. current price of a good or service
Explanation:
<u>Market value is the price of the goods or services on the current market.</u>
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.
The correct answer is "part of the first process of the reflective thinking process".
The First Reflective Thinking Process is known as "Identify and Define the Problem". In this process, you define the problem given by using the 5 WH questions and 1 H, which are who? what? where? when? why? and how?