Juan owns a store that sells lampshades.The process of receiving money in return for lamp shades is _____.
A)marketing
B)place utility
C)exchange
D)time utility

Question

Quizplus · Accepted Answer

The process of receiving money in return for goods or services is known as "exchange." This is a fundamental concept in economics and business, where two parties trade goods, services, or currencies based on agreed-upon values. In Juan's case, the act of selling lampshades for money is a clear example of an exchange.

Juan Owns a Store That Sells Lampshades