Question
If the price of canola drops 20% while the price of wheat drops 10%, the result is: Group of answer choices The relative price of
If the price of canola drops 20% while the price of wheat drops 10%, the result is:
Group of answer choices
The "relative" price of wheat increases compared to canola.
The "relative" price of both commodities increases.
The "relative" price of both commodities decreases.
The "relative" price of canola increases compared to wheat.
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Quantitative Methods for Business
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran
13th edition
1285866312, 978-0357685648, 978-1285866314
