A relative price is _____ A. the difference between one price and another. B. the ratio of one price in terms of another. C. the absolute value of price differences. D. the relative effect of a change in price on the quantity demanded.

A relative price is _____
A. the difference between one price and another.
B. the ratio of one price in terms of another.
C. the absolute value of price differences.
D. the relative effect of a change in price on the quantity demanded.