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thedrunkmind thedrunkmind
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A year ago
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.
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Microeconomics

Microeconomics


Edition: 17th
Author:
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naderaidenaderaide
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#1
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A year ago
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