A Relative Price Is the

question 13

Multiple Choice

A relative price is the

• A) difference between one money price and another.
• B) ratio of one money price to another.
• C) slope of the demand curve.
• D) slope of the supply curve.

---

Definitions:

Property Rights

Legal rights over the ownership, use, and benefit from property, including real estate, intellectual property, and personal property.

Worker Rights

Refers to the legal and moral entitlements attributed to individuals in their capacity as employees, including fair wages, safe working conditions, and freedom from discrimination.

Property Rights

Legal rights to possess, use, and dispose of assets including real estate, personal property, or intellectual property.

Workers' Rights

The entitlements and protections granted to workers by law, including fair pay, safe working conditions, and the right to unionize.