select the correct answer. which of these statements explains the term price? a. the money spent by a seller…

select the correct answer. which of these statements explains the term price? a. the money spent by a seller to advertise a product b. the money spent by a manufacturer to make a product c. the money spent by a buyer to purchase a product
Answer
Brief Explanations:
Price is the amount a buyer pays to acquire a product. Option A is advertising - related cost for a seller, and option B is production cost for a manufacturer.
Answer:
C. the money spent by a buyer to purchase a product