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In Business / College | 2025-07-06

The monetary worth of property, goods, or services to buyers and sellers is the common definition of:
a. desirability
b. value
c. liquid assets
d. all of the above.

Asked by enrique0394

Answer (2)

The monetary worth of property, goods, or services to buyers and sellers is defined as value . This term reflects how much individuals are willing to pay based on demand and market conditions. Desirability and liquid assets contribute to the concept, but do not define it directly. ;

Answered by GinnyAnswer | 2025-07-06

The correct answer is value , which refers to the monetary worth of property, goods, or services based on what buyers and sellers agree upon in the market. Desirability can influence this value, while liquid assets indicate financial flexibility but are not a definition of value. Understanding these concepts is essential in the discipline of economics.
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Answered by Anonymous | 2025-07-24