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Figure 21-5

Question 405

Multiple Choice

Figure 21-5
(a)
(b) Figure 21-5 (a) (b) -Refer to Figure 21-5. In graph (b) , what is the price of good X relative to the price of good Y (i.e., P<sub>x</sub>/P<sub>y</sub>) ? A) 1/3 B) 1 C) 3 D) 10 Figure 21-5 (a) (b) -Refer to Figure 21-5. In graph (b) , what is the price of good X relative to the price of good Y (i.e., P<sub>x</sub>/P<sub>y</sub>) ? A) 1/3 B) 1 C) 3 D) 10
-Refer to Figure 21-5. In graph (b) , what is the price of good X relative to the price of good Y (i.e., Px/Py) ?


A) 1/3
B) 1
C) 3
D) 10

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