Question

3 select the correct answer. what does market value of a good or service mean? a. loss incurred on a good or service b. profit incurred on a good or service c. cost of producing a good or service d. current price of a good or service

Explanation:

Market value refers to the current price at which a good or service can be bought or sold in the market. It is not related to loss, profit, or production - cost directly.

Answer:

D. current price of a good or service