Figure 21-5
(a) (b)
-Refer to Figure 21-5. In graph (a), what is the price of good Y relative to the price of good X (i.e., Py/Px)?
A) 1/3
B) 1/4
C) 3
D) 4

Name: Figure 21-5 (a) (b) -Refer to Figure 21-5. In graph (a), what is the price of good Y relative to the price of good X (i.e., Py/Px)? A) 1/3 B) 1/4 C) 3 D) 4
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Question

Figure 21-5
(a) (b)  
-Refer to Figure 21-5. In graph (a), what is the price of good Y relative to the price of good X (i.e., Py/Px)?
A) 1/3 
B) 1/4 
C) 3 
D) 4

Quizplus · Accepted Answer

Py/Px = 1/3 because the price of good Y is 1 and the price of good X is 3.