The market price of a hamburger is determined by the
A) the cost of production
B) value to the consumer.
C) cost of production and the value to the consumer.
D) government
E) financial markets

Question

Quizplus · Accepted Answer

The market price of a hamburger is determined by both the cost of production and the value to the consumer, as these factors influence supply and demand dynamics in the market.

The Market Price of a Hamburger Is Determined by the