Imagine that the price of

  1. A buyer and seller agree upon the price of an item. What type of price is this known as?A. Bid price B. Spot price C. Bid price
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  2. Look at the table showing different prices for cans of soup.Prices for Soup Price A Price B Price C $3.87 for 3 $2.38 for 2
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  3. A sales person sets a starting price of a new car that the buyer thinks is slightly too high. What type of price might the buyer
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  4. A sales person sets a starting price of a new car that the buyer thinks is slightly too high. What type of price might the buyer
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  5. what does a relative price compare?the price of one good or service compared to another similare one the price that a seller
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  6. Imagine that the amount of milk being purchased in the United States suddenly decreased.Question Which of the following is the
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    2. Kaii asked by Kaii
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  7. The price of an item increased by 25% over the last 5 years. Which values could represent the item’s old and new prices?
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  8. What does a relative price compare?A The price difference sellers ask for the same good B The price that buyers paid to the
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    2. Marysol asked by Marysol
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  9. QuestionImagine that the amount of milk being purchased in the United States suddenly decreased. Which of the following is the
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    2. Thearee asked by Thearee
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  10. Imagine that the amount of milk being purchased in the United States suddenly decreased.Question Which of the following is the
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