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justxdrive justxdrive
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10 months 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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10 months ago
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justxdrive Author
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10 months ago
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Helped a lot
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