Word Pronunciation & Dictionary

relative price

Word Rarity Uncommon

Frequency: Zipf frequency 4.41 in modern English

Syllables: rel-a-tive price
IPA

20

Scrabble Score

13

Letters

3

Syllables

9

Unique Chars

Meaning

n

the price of a commodity such as a good or service in terms of another; i.e., the ratio of two prices.

Example Sentences

"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."

Questions

What does relative price mean?: the price of a commodity such as a good or service in terms of another; i.e., the ratio of two prices.

How to pronounce relative price

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