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.

Question

Business

Mike Mccullough

7 October, 05:31

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.

+5

Answers (1)

Know the Answer?

Charity Galvan · Answer 1

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.

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 theA) revenue.B) incomeC) discount. price.E) breakeven quantity.

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.