The value of a product expressed in monetary terms is known as? by Sunday | Jul 23 | Commerce WAEC | 0 comments A. utility B. price C. Premium D. commission E. interest Correct Answer: Option B – price Users Also Read These:When the Total Product (TP) is at maximum point, the…The region around a magnet in which magnetic force…The reduction in the value of a country’s currency…The comparison of a country's visible and invisible…Profit expressed as a proportion of cost price is known as?