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justxdrive justxdrive
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A year ago

Suppose that the price of butter is $3 per pound and the price of margarine is $2 per pound.  If the price of butter rises to $3.90 and the price of margarine rises to $2.20, then the absolute price of butter has _______________ and the relative price of butter has _______________.



risen; fallen



fallen; risen



risen; risen



fallen; fallen

Textbook 
Economics

Economics


Edition: 12th
Author:
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iammtziammtz
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