menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics-Macroeconomics
  4. Exam
    Exam 3: Demand and Supply
  5. Question
    Joe Pays $8,000
Solved

Joe Pays $8,000

Question 47

Question 47

Multiple Choice

Joe pays $8,000.00 in tuition. The 8,000 dollar tuition Joe pays is an example of what economists call


A) a relative price.
B) a money price.
C) an indexed price.
D) an opportunity price.

Correct Answer:

verifed

Verified

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

Related Questions

Q42: A relative price is the<br>A) slope of

Q43: The "law of demand" predicts that, other

Q44: If the money price of hats rises

Q45: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Consider the demand

Q46: When a market is in equilibrium<br>A) everyone

Q48: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The figure above

Q49: An increase the expected future price of

Q50: Some sales managers are talking shop. Which

Q51: There are 72,922 seats in Lambeau Field

Q52: If the price of chocolate chip cookies

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