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.
Increasing Costs of Natural Disasters
The principle of faunal succession uses animal fossils to tell relative time.
Relative rate test, calibrating the molecular clock, and calculating divergence dates.
Migration of Surface Cyclones Relative to Rossby Waves
Relative Humidity
U.S. Subsurface Coal Mining: Output, Price, and Output per Worker-Hour, 1949–1994