Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: thedrunkmind on Sep 26, 2022



Title: Suppose the price of good X increases from $3.00 to $4.00 while the price of good Y increases from ...
Post by: thedrunkmind on Sep 26, 2022
Suppose the price of good X increases from $3.00 to $4.00 while the price of good Y increases from $150 to $200. The relative price of X (in terms of Y)

▸ cannot be determined from the above data.

▸ remained constant.

▸ has risen.

▸ has fallen.

▸ is completely unrelated to the price of good Y.


Title: Suppose the price of good X increases from $3.00 to $4.00 while the price of good Y increases from ...
Post by: naderaide on Sep 26, 2022
Content hidden