If the relative price of one unit of good X is 5 units of good Y, then it follows that the absolute price of good X can be __________ and the absolute price of good Y can be __________.
A)$20,000; $10,000
B)$40,000; $8,000
C)$30,000; $5,0000
D)$5,000; $40,000

Question

Quizplus · Accepted Answer

The Answer of If the relative price of one unit of good X is 5 units of good Y, then it follows that the absolute price of good X can be __________ and the absolute price of good Y can be __________.
A)$20,000; $10,000
B)$40,000; $8,000
C)$30,000; $5,0000
D)$5,000; $40,000

If the Relative Price of One Unit of Good X