Select the option that provides the most accurate description of a relative price: / Kies die opsie wat die mees korrekte beskrywing van ‘n relatiewe prys gee:

Question

Select the option that provides the most accurate description of a relative price: /  Kies die opsie wat die mees korrekte beskrywing van ‘n relatiewe prys gee:

Accepted Answer

It is the money price of one good relative to the money price of another good. / Dit is die geldprys van een produk, relatief tot die geldprys van ‘n ander produk.

Answer

It is the slope of an indifference curve. /  Dit is die helling van ‘n indifferensiekurwe.

Answer

It is the money price of a good relative to its cost. /  Dit is die geldprys van ‘n produk, relatief tot die koste daarvan.

Answer

It is the money price of one good relative to the money price of all other goods. /  Dit is die geldprys van een produk, relatief tot die geldprys van alle ander produkte.

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Select the option that provides the most accurate description of a relative pric...

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