Which One of the Following Statements Is TRUE

question 293

Multiple Choice

Which one of the following statements is TRUE?

• A) If the money price of a good increases, its relative price necessarily increases.
• B) If the money price of a good increases, its relative price necessarily decreases.
• C) The relative price of a good refers to the opportunity cost of purchasing it.
• D) Rational consumers always ignore the monetary price of a good when deciding whether to buy it.

---

Definitions:

Branded Content

Branded content is a marketing strategy that involves creating content specifically tied to a brand, aiming to entertain, inform, or engage the target audience while promoting the brand indirectly.

Thought Leadership

The position of being recognized as an authority in a specialized field, contributing insights and innovative ideas.

Facebook Live

A feature of the social media platform Facebook that allows users to broadcast live video streams to their followers.

Social Media Campaigns

Initiatives carried out through social media platforms aimed at promoting products, services, or causes.