BECE Pre Vocational Study 2023 Objective — Question 53
Question 53 of 120 from the Basic Education Certificate Examination (Junior WAEC) (BECE) Pre Vocational Study 2023 Objective paper, with the correct answer and a full explanation.
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The amount of money a producer demands in exchange for his agricultural produce is termed
- A. Cost.
- B. Interest.
- C. Price.Correct
- D. Profit.
- E. Wage.
Explanation
The money asked for a product is its price.
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