If the price of good X is $50 and the price of good Y is $25, it follows that the relative price of one unit of good X is _____________ unit(s) of good Y

A) 1.00
B) 2.00
C) 0.75
D) 1.33
E) 0.50

B

Economics

You might also like to view...

A risky small business stands the best chance of finding external financing from

A) a commercial finance company. B) a commercial bank. C) an investment bank. D) trade credit.

Economics

If depreciation is less than investment ________

A) capital per-worker is falling B) capital per-worker is rising C) capital per-worker is constant D) capital per worker is greater than saving

Economics