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    Exam 2: Prices,costs and Gains From Trade
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    If the Relative Price of a Gallon of Water in Terms
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If the Relative Price of a Gallon of Water in Terms

Question 30

Question 30

True/False

If the relative price of a gallon of water in terms of milk increases from 1 gallon to 1.5 gallons of milk,then the relative price of milk has fallen.

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