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    Principles of Economics
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    Exam 21: The Theory of Consumer Choice
  5. Question
    Figure 21-3 -Refer to Figure 21-3.In Graph (A),what Is the Price of Is
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Figure 21-3 -Refer to Figure 21-3.In Graph (A),what Is the Price of Is

Question 161

Question 161

Multiple Choice

Figure 21-3
Figure 21-3    -Refer to Figure 21-3.In graph (a) ,what is the price of good y relative to good x (i.e.,Pᵧ/Pₓ) ? A) 1/3 B) 1/4 C) 3 D) 4
-Refer to Figure 21-3.In graph (a) ,what is the price of good y relative to good x (i.e.,Pᵧ/Pₓ) ?


A) 1/3
B) 1/4
C) 3
D) 4

Correct Answer:

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