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    Principles of Economics
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    Exam 22: The Theory of Consumer Choice
  5. Question
    Graph 22-3 -Refer to Graph 22-3.Using the Figure in Panel (B), What
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Graph 22-3 -Refer to Graph 22-3.Using the Figure in Panel (B), What

Question 48

Question 48

Multiple Choice

Graph 22-3 Graph 22-3   -Refer to Graph 22-3.Using the figure in panel (b) , what is ratio of the Price of Y to the price of X (i.e.PX/PY) ? A) 4/1 B) 1/1 C) 1/4 D) 1/16
-Refer to Graph 22-3.Using the figure in panel (b) , what is ratio of the Price of Y to the price of X (i.e.PX/PY) ?


A) 4/1
B) 1/1
C) 1/4
D) 1/16

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