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    Microeconomics Study Set 34
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    Exam 3: Demand and Supply
  5. Question
    A Relative Price Is
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A Relative Price Is

Question 5

Question 5

Multiple Choice

A relative price is


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

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