Multiple Choice
The price of a commodity in terms of another commodity is
A) the law of demand.
B) a substitute.
C) the money price.
D) the relative price.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q275: The money price of a good is
Q276: The price of a first-class stamp in
Q277: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -Refer to the
Q278: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5018/.jpg" alt=" -In the above
Q279: The absolute price of a good is
Q281: In deriving the demand schedule for a
Q282: Given the market data for good X
Q283: If the market price rises from P0
Q284: The law of demand includes the statement
Q285: If the price of an item can