An ice cream cone costs 1.50. A can of soda costs 0.75. The relative price of an ice cream cone is
A) 1/2 can of soda per ice cream cone, the opportunity cost of an ice cream cone.
B) 1.50, the opportunity cost of a can of soda.
C) 2 cans of soda per soda, the opportunity cost of an ice cream cone.
D) 0.75, the opportunity cost of a can of soda.
Question 2
The price of a DVD rental is 2.50 and the price of a downloaded movie is 1.00. If the price of a DVD rental falls by 0.50, the relative price a downloaded movie
A) rises.
B) falls.
C) does not change.
D) might change but more information is needed.
Question 3
The idea that a government budget deficit decreases investment is called
A) government dissaving.
B) the crowding-out effect.
C) the Ricardo-Barro effect.
D) the capital investment effect.
The principle of faunal succession uses animal fossils to tell relative time.
Percentages of adolescents indicating Benefits and Costs of employment.
Tuition Costs
Cone of Depression Formation
Waffles with ice cream
Cone Cell