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    Macroeconomics Study Set 40
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    Exam 3: Demand and Supply
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    The Price of a Film Camera Is $150 and the Price
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The Price of a Film Camera Is $150 and the Price

Question 16

Question 16

Multiple Choice

The price of a film camera is $150 and the price of a similar digital camera is $300. What is the relative price of the digital camera?


A) $150 more expensive than the film camera
B) 2 film cameras
C) 1/2 of a film camera
D) $150

Correct Answer:

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