A Relative Price is:

CA Foundation · Business Economics · MTP · January 2026
A Relative Price is:
(A) A. Price expressed in terms of money
(B) B. The ratio of one money price to another
(C) C. Equal to money price.
(D) D. None of these.

Suggested Answer and Working Notes:

Correct Answer: Option (B)

B. The ratio of one money price to another

Topics: Nature & Scope of Business Economics

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