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    Exam 3: Demand and Supply
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    The Price of Bread in Terms of Gallons of Milk
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The Price of Bread in Terms of Gallons of Milk

Question 426

Question 426

Multiple Choice

The price of bread in terms of gallons of milk per loaf is 0.6 and the price a gallon of milk in terms of pounds of butter per gallon is 1.2. What is the relative price of bread to butter?


A) 1.39
B) 0.6
C) 0.72
D) 0.50

Correct Answer:

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