Use the Table Below to Answer the Following Questions

question 36

Multiple Choice

Use the table below to answer the following questions.
Table 3.1.1
-Refer to Table 3.1.1.In 2015, the relative price of coffee in terms of tea is

• A)1.00.
• B)2.10.
• C)1.07.
• D)2.25.
• E)0.93.

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Definitions:

Traded Goods

Goods that are bought and sold in domestic or international markets. These can range from raw materials to finished products.

Consumer Protection Legislation

Laws and regulations designed to ensure the rights of consumers are protected, as well as to provide consumers with the means for redress in situations where their rights have been violated by businesses or manufacturers.

False Advertising

Misleading or deceptive marketing that misrepresents the nature, characteristics, benefits, or qualities of a product or service.

Unconscionable Transactions

Deals or contracts that are so unfair or one-sided that they shock the conscience and may be deemed unenforceable by courts.