A sale consists of the passing of the _______ from the seller to the buyer for a price.

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23-08-2022
Business

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A sale consists of the passing of the _______ from the seller to the buyer for a price.

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rafikiedu01 rafikiedu01 · Answer 1 · 2022-08-28T01:17:40+02:00

A sale consists of the passing of the title of goods from the seller to the buyer for a price.

A price is the amount of payment or compensation (usually non-negative) that one party gives to another party in exchange for goods or services. In some cases, the production price is given another name.

If the product is a commercial "commodity", the payment for that product may be referred to as the "price". However, if the product is a "service", the product may have other names.

For example, the following graph shows several situations The price of a commodity is affected by the cost of production, the supply of the desired item, and the demand for the product. Prices are either set by the monopoly or imposed on the company by market conditions.

learn more about Prices here. https://brainly.com/question/2021001

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