menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Macroeconomics Study Set 41
  4. Exam
    Exam 3: Demand and Supply
  5. Question
    A Relative Price Is
Solved

A Relative Price Is

Question 117

Question 117

Multiple Choice

A relative price is


A) the number of dollars that must be given up in exchange for the good.
B) not an opportunity cost.
C) also called the money price.
D) the ratio of one price to another price.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q68: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figures

Q113: Which of the following results in a

Q114: Kelly graduates and her income increases by

Q116: Joe pays $8,000.00 in tuition. The 8,000

Q119: <span class="ql-formula" data-value="\begin{array} { | l |

Q120: Students can rent a Blu-ray movie at

Q121: A consumer might consider in-line skates and

Q122: If the price of crude oil falls,

Q174: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above figure

Q182: For "an increase in the quantity demanded"

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines