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

Question 87

Multiple Choice

If the price of good X is $100 and the price of good Y is $40,it follows that the relative price of one unit of good Y is ___________ unit(s) of good X.


A) 0.40
B) 0.20
C) 2.50
D) 4.00
E) There is not enough information to answer the question.

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