GROWTH DEVELOPMENT CHILD
GROWTH AND DEVELOPMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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The amount of money we pay for a good or service
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currency
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price
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inflation
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economics
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Explanation:
Detailed explanation-1: -Cost is typically the expense incurred for making a product or service that is sold by a company. Price is the amount a customer is willing to pay for a product or service. The cost of producing a product has a direct impact on both the price of the product and the profit earned from its sale.
Detailed explanation-2: -Price of a good or service is the one price at which quantity supplied equals quantity demanded.
Detailed explanation-3: -Price is the amount of money charged for a product or service. The sum of all the values that consumers give up in order to gain the benefits of having or using a product or service.
There is 1 question to complete.