Solved

The Money Price of a Litre of Milk Is $3

Question 20

Multiple Choice

The money price of a litre of milk is $3.33 and the money price of a litre of gasoline is $1.11.The relative price of a litre of gasoline in terms of milk is


A) $2.22.
B) $1.11.
C) 3 litres of milk.
D) 1/3 litre of milk.
E) $3.33.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents