Multiple Choice
-Refer to the above table. If the consumer's equilibrium consists of 4 movies and 4 apple pies, then we know that
A) the price of a movie download is 5 times more than the price of an apple pie.
B) the price of a movie download is 6 times more than the price of an apple pie.
C) the price of an apple pie is 5 times more than the price of a movie download.
D) the price of an apple pie is 3 times more than the price of a movie download.
Correct Answer:
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