(1) Which value expresses the importance of a good in human life?
(A) Exchange-value
(B) Use-value
(C) consumption-value
(D)internal-value
(2) What is the monetary payment in exchange of a good called ?
(A) Value
(B) Exchange
(C) price
(D)wealth
(3) Which of the following is a physical good ?
(A) Music
(B) Education
(C) Doctor's advice
(D) Refrigerator
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Answer:
1 b
2 c
3 a
Explanation:
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Answer:
1 . b
2. c
3. a ...........