Multiple Choice
Suppose that the due to technological innovations,the absolute price of a recordable CD declines by 25% while the absolute price of a recordable cassette tape declines by 10%.In this situation,the price of the CD relative to the price of a tape
A) falls.
B) rises.
C) remains the same.
D) changes unpredictably.
Correct Answer:
Verified
Correct Answer:
Verified
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