1 In 2016, the money price of a carton of milk was 1.30 and the money price...

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1 In 2016, the money price of a carton of milk was £1.30 and the money price of a pint of beer was £2.94. Calculate the relative price of a pint of beer in terms of milk.

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Economics

ISBN: 9781118150122

10th European Edition

Authors: Michael Parkin, Dr Melanie Powell, Prof Kent Matthews

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Question Posted: Nov 06, 2024 01:00 AM

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1 In 2016, the money price of a carton of milk was 1.30 and the money price of a pint of beer was 2.94. Calculate the relative price of a pint of beer in terms of milk.
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1 In 2016, the money price of a carton of milk was 1.30 and the money price...

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Economics

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