Multiple Choice
If the price of a can of Pepsi increase from $0.50 to $0.75, and the price of a can of Coke also increases from $0.50 to $0.75:
A) the price of Pepsi relative to Coke has not changed.
B) the price of Pepsi relative to Coke has increased.
C) the price of Pepsi relative to Coke is unknown.
D) None of the above statements are true.
Correct Answer:
Verified
Correct Answer:
Verified
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