Multiple Choice
Figure 21-5
-Refer to Figure 21-5.In graph (a) ,what is the price of good X relative to good Y (i.e. ,PX/PY) ?
A) 1/4
B) 1/3
C) 3
D) 4
Correct Answer:
Verified
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In each case, the budget constraint
In each case, the budget constraint
In each case, the budget constraint
In each case, the budget constraint![]()