Multiple Choice
The dollar price of a good relative to the average dollar price of all other goods is the
A) market price
B) equilibrium price
C) nominal price
D) real price
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q23: When the price of a good falls,the
Q48: Why do lines tend to be longer
Q49: As living standards improve,<br>A)things that were once
Q50: Casey earns $150 a week and consumes
Q51: During Thanksgiving you participated in a pumpkin-pie
Q53: Assume the consumer is correctly applying the
Q55: Fran runs a doughnut shop in
Q56: This graph shows one consumer's demand for
Q57: Assume that Dusty has $30 in income,the
Q90: It is impossible for total utility to