https://www.superphysics.org/social/economics/principles/part-2/chapter-01/section-02/ Recent content in Real Price on Superphysics Hugo en Fri, 30 Oct 2015 00:00:00 +0000 https://www.superphysics.org/social/economics/principles/part-2/chapter-01/section-02/unit-01/ Fri, 30 Oct 2015 00:00:00 +0000 https://www.superphysics.org/social/economics/principles/part-2/chapter-01/section-02/unit-01/ <p>The <strong>Real Price</strong> is the subjective cost that the seller or producer incurred to create a thing.</p> <p>Let us assume that a cake was baked by Mr. Chef for 2 units of effort.</p>