The Price of One Good Divided by the Price of Another

question 69

Multiple Choice

The price of one good divided by the price of another good is

• A)an absolute price.
• B)a relative price.
• C)a marginal price.
• D)a demand price.
• E)a money price.

---

Definitions:

\(100e^{-0.5x}\)

This represents an exponential expression used in various mathematical and scientific calculations.

Three Decimal Places

Refers to a numerical value rounded or fixed to have exactly three digits to the right of the decimal point.

\(70e^{-0.5x}\)

An exponential function representing growth or decay, where 70 is the initial quantity and \(-0.5x\) adjusts the rate of increase or decrease.

Real Number

A figure that indicates a quantity on an unbroken scale, comprising both rational and irrational numbers.