menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 40
  4. Exam
    Exam 10: The Rational Consumer
  5. Question
    If the Price of a Cookie Is $2 and the Price
Solved

If the Price of a Cookie Is $2 and the Price

Question 109

Question 109

Multiple Choice

If the price of a cookie is $2 and the price of a brownie is $4, the relative price of cookies in terms of brownies is:


A) 0.5.
B) 1.0.
C) 2.0.
D) undefined.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q102: For most goods,as we move down an

Q104: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1063/.jpg" alt=" (Table:

Q105: A typical indifference curve is:<br>A)downward sloping and

Q106: (Table: Optimal Choice of Milk and Honey)

Q107: (Table: Utility from Candy Bars and Sodas)

Q110: Janella consumes only bananas and passion fruit.It

Q111: Figure: Consumer Equilibrium IV <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1063/.jpg" alt="Figure:

Q115: The slope of a budget line for

Q122: In terms of indifference curves, a demand

Q229: If the marginal utility of hot dogs

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines