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In a price system, A. relative prices change infrequently due to transaction costs. B. relative prices change constantly to reflect changes in supply and demand.
In a price system, A. relative prices change infrequently due to transaction costs. B. relative prices change constantly to reflect changes in supply and demand. C. relative prices are set by central planners based on projected supply and demand. D. relative prices do not signal information about changes in market conditions
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Math For Business And Finance An Algebraic Approach
Authors: Jeffrey Slater, Sharon Wittry
1st Edition
0077639626, 9780077639624
