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Suppose the Price of a Football Is $40

Question 78

Multiple Choice

Suppose the price of a football is $40.00 and the price of a basketball is $20.00.The _______ of a football is _______


A) relative price; 2 basketballs per football
B) relative price; $10
C) opportunity cost; $20.00
D) opportunity cost; $2.00
E) relative price; 1/2 basketball per football

Correct Answer:

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