select the correct answer. what does market value of a good or service mean? a. loss incurred on a good or…

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

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

Answer

Brief Explanations:

The market value of a good or service is the current price at which it can be bought or sold in the market. It is not related to loss, profit, or production - cost directly in the sense of its basic definition.

Answer:

D. current price of a good or service