If the Price of Good X Is $90 and the Price

question 31

Multiple Choice

If the price of good X is $90 and the price of good Y is $30,it follows that the relative price of one unit of good Y is ___________ unit(s) of good X.

• A) 0.33
• B) 1.33
• C) 3.00
• D) 2.00
• E) There is not enough information to answer the question.

---

Definitions:

Organizational Culture

The shared values, beliefs, and behaviors that shape the social and psychological environment of a business organization.

Pharmaceutical Sales

The commercial activity involved in promoting and selling medications and medical devices to healthcare professionals and institutions.

Pricing Information

involves details regarding the cost of products or services, which is crucial for consumers making purchasing decisions.

Buying Center

A group of individuals within an organization who are responsible for making purchase decisions.