Multiple Choice
The money price of a pizza is $12 per pizza and the money price of a taco is $2 per taco. The relative price of a pizza is
A) $12 per pizza.
B) $24 per pizza.
C) 6 tacos per pizza.
D) 1/6 pizza per taco.
Correct Answer:

Verified
Correct Answer:
Verified
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Q26: The relative price of a good is<br>A)
Q27: If the supply of bottled water decreases
Q28: What will happen to the equilibrium price
Q29: When there is a shortage in the
Q31: Explain why a relative price is an
Q32: If a market is NOT in equilibrium,
Q33: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the figure
Q34: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -A market research
Q35: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -Consider the demand