The real prices of goods and services do not include the ____.
A) cost of raw materials
B) cost of manufacturing
C) environmental costs of resource use
D) cost of distribution
E) cost of advertising

Question

Quizplus · Accepted Answer

Real prices typically reflect the market value of goods or services, which includes the cost of raw materials, manufacturing, distribution, and advertising. However, they often do not account for the environmental costs of resource use, such as pollution or depletion of natural resources, which are external to the market pricing mechanism.

The Real Prices of Goods and Services Do Not Include