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Noun: relative price
  1. The price of a commodity such as a good or service in terms of another; i.e., the ratio of two prices.
    "Inflation makes it difficult for economic agents to immediately distinguish increases in the price of a good which are due to relative price changes from changes in the price which are due to inflation of prices."

Type of: damage, price, terms

Encyclopedia: Relative price

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relative
relative atomic mass
relative clause
relative density
relative frequency
relative humidity
relative incidence
relative majority
relative molecular mass
relative motion
relative price
relative pronoun
relative quantity
relative speed
relative velocity
relative-in-law
relatively
relativisation
relativise
relativism
relativistic