Neas-Seminars

Question 2.4.


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By gmerton - 1/2/2007 11:37:50 PM

Regarding question that asks "When Landsburg says the price of bread is $1.50 per loaf...."

On p. 34 of Landsburg, it says "The number of dollars necessary to purchase [a good] is called the absolute price of [the good]." Seems like this implies the answer is C. Why is C incorrect?

Thanks