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If the Relative Price of One Unit of Good X

Question 95

Multiple Choice

If the relative price of one unit of good X is 5 units of good Y,then it follows that the absolute price of good X can be __________ and the absolute price of good Y can be __________.


A) $20,000; $10,000
B) $40,000; $8,000
C) $30,000; $5,0000
D) $5,000; $40,000
E) a and c

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