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If the Price of Good X Is $30 and the Price

Question 27

Multiple Choice

If the price of good X is $30 and the price of good Y is $5,it follows that the relative price of one unit of good X is approximately_____________ unit(s) of good Y.


A) 6.00
B) 2.00
C) 0.75
D) 0.25
E) 0.50

Correct Answer:

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