Almost any business transaction in a modern economy involves
A)an exchange at a list price.
B)"dumping."
C)an exchange of money-the Price-for something of value.
D)a loss of consumer surplus.
E)an exchange in which price serves as a measure of quality.

Question

Quizplus · Accepted Answer

Price is the amount of money that is charged for "something" of value.Almost every business transaction in our modern economy involves an exchange of money-the Price-for something.

Almost Any Business Transaction in a Modern Economy Involves