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2 October, 09:39

The amount of money that a seller is willing to accept in exchange for a product, at a given time and under given circumstances, is called the

A) revenue.

B) income

C) discount. price.

E) breakeven quantity.

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Answers (1)
  1. 2 October, 12:07
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    D. Price

    Explanation:

    Price is the amount that is paid by the buyer to the seller in the purchase of the product. And it also deals in exchange for a product which we called barter. The more or less amount while exchange the product is also known as price

    It is a measure of an item.

    According to the given situation, the most appropriate option is d. as it says that the seller is willing to accept in a given time and in given circumstances that means he is ready for negotiation.
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