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

Name: The costs to firms of changing prices are called A)redistribution costs. B)menu costs. C)anticipation costs. D)money illusion costs.
Brand: Quizplus
Rating: 4.9 (33 reviews)

Question

Quizplus · Accepted Answer

The costs incurred by firms when changing their prices are known as menu costs. These costs include the expenses associated with printing new price lists, advertising the new prices, and reprogramming cash registers and computers.

The Costs to Firms of Changing Prices Are Called