Multiple Choice
Suppose there are only two goods (Good A and Good B) and the average person buys 4 of Good A in a year and 3 of Good B. If the Price of Good A is $5 and the Price of Good B is $10, the price of the market basket
A) is 100.
B) is 20.
C) is 30.
D) is 50.
Correct Answer:
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