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:A tax which is expressed as a given absolute sum of…The value of anything expressed in monetary terms is the?The region around a magnet in which magnetic force…Profit expressed as a fraction of the selling price…When the Total Product (TP) is at maximum point, the…