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If the Price of Good X Is $100 and the Price

Question 32

Multiple Choice

If the price of good X is $100 and the price of good Y is $25,it follows that the relative price of one unit of good X is _____________ unit(s) of good Y.


A) 1.00
B) 4.00
C) 0.25
D) 1.33
E) 0.75

Correct Answer:

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