Results for tag: "Relative Price"

Relative Price market is a concept in economics that refers to the relationship between the prices of different goods and services. It is based on the idea that the price of one good or service can be used to measure the value of another. This concept is used to compare the prices of different goods and services in order to determine the relative value of each. It is also used to measure the impact of changes in the prices of one good or service on the prices of other goods and services. Relative Price market is an important tool for economists to understand the dynamics of the economy. It helps them to identify the factors that influence the prices of goods and services, and to assess the impact of changes in the prices of one good or service on the prices of other goods and services. Some companies in the Relative Price market include Amazon, Walmart, Apple, Microsoft, and Google. Show Less Read more