Price refers to
A)the financial consequence of doing business.
B)value judgments made by both the buyer and seller regarding an item's worth.
C)the money or other considerations (including other goods and services) exchanged for the ownership or use of a good or service.
D)tangible or intangible remuneration for the use of a product or service.
E)the highest monetary value a customer is willing to pay for a product or service.

Question

Quizplus · Accepted Answer

Price is the amount of money or other considerations (such as other goods/services) that are exchanged in order to acquire ownership or use of a product or service. This definition best aligns with option C.

Price Refers to