Use the following to answer questions:
Figure: Music and Movie Downloads
-(Figure: Music and Movie Downloads) Refer to the figure. What is the relative price of music downloads to movie downloads?
A) 3
B) 1/3
C) 5
D) 4
Correct Answer:
Verified
Q24: Use the following to answer questions:
Figure: Budget
Q25: Use the following to answer questions:
Figure: Budget
Q26: Use the following to answer questions:
Figure: Budget
Q27: Assume that the unit price of good
Q28: Assume that the unit price of good
Q30: Use the following to answer questions:
Figure: Budget
Q31: If the budget constraint shifts northeast or
Q32: Use the following to answer questions:
Figure: Budget
Q33: Constant marginal utility means that one's first
Q34: Use the following to answer questions:
Figure: Music
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