Multiple Choice
In equilibrium, which of the following statements regarding the relative
Price of a tomato versus a book is CORRECT?
I.It is the opportunity cost of a tomato.
II.It is how much the production of books must fall in order to produce
Another tomato.
A) I
B) II
C) Neither is correct.
D) Both are correct.
Correct Answer:
Verified
Correct Answer:
Verified
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