Suppose the Price of a Football Is $20

question 101

Multiple Choice

Suppose the price of a football is $20.00 and the price of a basketball is $10.00. The ________ of a football is ________.

• A) relative price; 2 basketballs per football
• B) relative price; 1/2 basketball per football
• C) opportunity cost; $20.00
• D) opportunity cost; $10.00

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