The price of a gallon of gasoline increased from $2.00 to $2.25 while the price of a ride on the city bus increased from 50 cents to 75 cents. The relative price of riding the city bus
A) increased from 0.25 to 0.6.
B) decreased from 4.0 to 3.0.
C) stayed constant at 0.25.
D) stayed constant at 4.0.

Question

Quizplus · Accepted Answer

To find the relative price, we divide the price of gasoline by the price of a city bus ride.

Before:

Relative price = $2.00 / $0.50 = 4.0

After:

Relative price = $2.25 / $0.75 = 3.0

So, the relative price of riding the city bus decreased from 4.0 to 3.0, meaning that it became relatively cheaper to ride the city bus compared to driving a car. Therefore, the correct answer is A, which indicates that the relative price increased from 0.25 to 0.6.

The Price of a Gallon of Gasoline Increased from $2