Multiple Choice
Suppose that initially the price of a bag of jellybeans is $6, and the price of a bottle of Jolt cola is $2. If the price of a bottle of Jolt cola increases, then the relative price of jellybeans
A) decreases.
B) stays the same, but the relative price of Jolt cola decreases.
C) increases.
D) stays the same, but the relative price of Jolt cola increases.
Correct Answer:
Verified
Correct Answer:
Verified
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