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  3. Study Set
    Foundations of Macroeconomics
  4. Exam
    Exam 13: Consumer Choice and Demand
  5. Question
    A Relative Price Is the
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A Relative Price Is the

Question 163

Question 163

Multiple Choice

A relative price is the


A) price of a substitute.
B) price of a related good.
C) price of one good divided by the price of another.
D) absolute price of a good.
E) price of one good multiplied by the price of another.

Correct Answer:

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