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:

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 another good. / Dit is die geldprys van een produk, relatief tot die geldprys van ‘n ander produk.

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.

Answer

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

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

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