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    Principles of Economics Study Set 8
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    Exam 21: The Theory of Consumer Choice
  5. Question
    Figure 21-5
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Figure 21-5

Question 45

Question 45

Multiple Choice

Figure 21-5
(a) (b) Figure 21-5 (a)  (b)      -Refer to Figure 21-5. In graph (a) , what is the price of good Y relative to the price of good X (i.e., Py/Px) ? A)  1/3 B)  1/4 C)  3 D)  4 Figure 21-5 (a)  (b)      -Refer to Figure 21-5. In graph (a) , what is the price of good Y relative to the price of good X (i.e., Py/Px) ? A)  1/3 B)  1/4 C)  3 D)  4
-Refer to Figure 21-5. In graph (a) , what is the price of good Y relative to the price of good X (i.e., Py/Px) ?


A) 1/3
B) 1/4
C) 3
D) 4

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