Suppose That the Price of Butter Is $3 Per Pound

question 92

Multiple Choice

Suppose that the price of butter is $3 per pound and the price of margarine is $2 per pound.If the price of butter rises to $3.90 and the price of margarine rises to $2.20,then the absolute price of butter has _______________ and the relative price of butter has _______________.

• A) risen; fallen
• B) fallen; risen
• C) risen; risen
• D) fallen; fallen

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