Multiple Choice
If the absolute price of a new car is $30,000 and the relative price of a laptop computer in terms of cars is 1/30 of a car,it follows that the absolute price of the laptop is
A) $10,000.
B) $1,000.
C) $3,000.
D) $2,000.
E) $1,500.
Correct Answer:

Verified
Correct Answer:
Verified
Q67: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q68: In 1973 and 1979,the U.S.federal government imposed
Q69: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer
Q70: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q71: A price ceiling set below the equilibrium
Q73: The number of unskilled workers employed before
Q74: Buyers always prefer lower prices to higher
Q75: What condition is necessary for a price
Q76: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q77: 7/30/2017 4:16 PM<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt="7/30/2017 4:16