Respuesta :

The value that is assigned to any product is known as Price of the Product.

What is the  product?

A product is refers as goods or services prepared with the objective to sale and gets some income in exchange. A product can be both tangible and intangible to use.

The value of any product can be considered as the amount charge to sale it. The calculation pf price will be based on cost of manufacturing along with other expenses calculated till delivered to consumer.

Therefore, price is used to determine the value of any product.

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