The value of a product expressed in monetary terms is known as? By: Sunday|Published on: Jul 23|Categories: Commerce WAEC| 0 comments A. utility B. price C. Premium D. commission E. interest Correct Answer: Option B – price Users Also Read These:The comparison of a country's visible and invisible…If the price of product K declines, the demand curve…A financial plan of action expressed in monetary…The effects on the demand for product A caused by a…The process of selling a product in international…SEE ALSO The speculator in the stock exchange market who sells securities in anticipation of a fall in price is called a?