Economy, asked by unnatip0103, 8 months ago

1. What is a price relative ?​

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Answered by muskanmusani30
11

Explanation:

A relative price is the price of a commodity such as a good or service in terms of another; i.e., the ratio of two prices. A relative price may be expressed in terms of a ratio between the prices of any two goods or the ratio between the price of one good and the price of a market basket of goods.

Answered by sahithi3256
0

Answer:

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