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Suppose That Initially the Price of a Bag of Jellybeans

Question 148

Multiple Choice

Suppose that initially the price of a bag of jellybeans is $6, and the price of a bottle of Jolt cola is $2. If the price of a bottle of Jolt cola increases, then the relative price of jellybeans


A) decreases.
B) stays the same, but the relative price of Jolt cola decreases.
C) increases.
D) stays the same, but the relative price of Jolt cola increases.

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