lectur13-page51

lectur13-page51 - base buying decisions on relative prices

Info iconThis preview shows page 1. Sign up to view the full content.

View Full Document Right Arrow Icon
51 Consumer buying decisions are dependent upon relative price. NOT Nominal Prices Consumers observe nominal prices, but
Background image of page 1
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: base buying decisions on relative prices...
View Full Document

{[ snackBarMessage ]}

Ask a homework question - tutors are online