Answer:
Price, is the right answer.
Step-by-step explanation:
The consumer pays the “Price” which is charged by the producer. In a competitive market, the price of a commodity is determined by the market forces i.e, demand and supply. The intersection of the market demand curve and the market supply curve gives the market price of a commodity. However, the price charged by the producer covers all its manufacturing cost and makes a profit on it because the price paid by the consumer is the total revenue for the producer.