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Ryan37sport Ryan37sport
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2 years ago
Suppose the price of wheat has fallen from $3 to $2 per bushel and that the price of newsprint has fallen from $200 to $100 per tonne. The relative price of wheat in terms of newsprint

▸ cannot be determined from the above data.

▸ remained constant.

▸ is completely unrelated.

▸ has risen.

▸ has fallen.
Textbook 
Microeconomics

Microeconomics


Edition: 17th
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djbo89djbo89
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2 years ago
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Ryan37sport Author
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Correct Slight Smile TY
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