The costs of changing price tags and price listings are known as
A)inflation-induced tax distortions.
B)relative-price variability costs.
C)shoeleather costs.
D)menu costs.

Question

Quizplus · Accepted Answer

Menu costs refer to the expenses that businesses incur when they change their prices, which includes the physical act of changing price tags and updating price listings in menus, catalogues, or on websites.

The Costs of Changing Price Tags and Price Listings Are