Multiple Choice
Suppose the price of a football is $20.00 and the price of a basketball is $10.00. The ________ of a football is ________.
A) relative price; 2 basketballs per football
B) relative price; 1/2 basketball per football
C) opportunity cost; $15.00
D) opportunity cost; $10.00
E) relative price; $10
Correct Answer:
Verified
Correct Answer:
Verified
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