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Mario sees popcorn and pretzels as perfect substitutes. He is always willing to substitute 3 cups of popcorn for 1 cup of pretzels. If Mario

Mario sees popcorn and pretzels as perfect substitutes. He is always willing to substitute 3 cups of

popcorn for 1 cup of pretzels. If Mario consumes only pretzels, then we know that the relative

price of popcorn in terms of pretzels is

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