11 The money price of a mobile phone is 90 and the money price of the Wii...

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11 The money price of a mobile phone is £90 and the money price of the Wii game Super Mario Galaxy is £45.

a What is the opportunity cost of a mobile phone in terms of the Wii game?

b What is the relative price of the Wii game in terms of mobile phones?

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Economics

ISBN: 9781118150122

10th European Edition

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

Question Posted: Nov 06, 2024 01:00 AM

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11 The money price of a mobile phone is 90 and the money price of the Wii...

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Economics

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