The costs to firms of changing prices are called
A)redistribution costs.
B)menu costs.
C)anticipation costs.
D)money illusion costs.
E)an inflation tax.

Name: The costs to firms of changing prices are called A)redistribution costs. B)menu costs. C)anticipation costs. D)money illusion costs. E)an inflation tax.
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Question

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The costs to firms of changing prices are called menu costs. It refers to the costs that firms incur in changing prices, such as printing new menus or updating price tags.

The Costs to Firms of Changing Prices Are Called