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Suppose that the price of butter is $3 per pound and that the price of margarine is $2 per pound. If the price of butter
Suppose that the price of butter is $3 per pound and that the price of margarine is $2 per pound. If the price of butter rises to $3.90 and the price of margarine rises to $2.20, then the absolute price of butter has ___________ and the relative price of butter has _____________.
A. Risen; fallen
B. Fallen; risen
C. Risen; risen
D. Fallen; fallen
I know the answer is A but I don't understand why. I thought the answer would be C. Can you explain why the answer is A?
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