Business, 30.03.2020 17:29 mandy9386

In her school's food court, Molly notices that a carton of juice costs $1.75 and a can of soda costs $1.25. Since Molly just finished studying for an economics exam, she immediately calculates that the relative price of a carton of juice is per . Suppose that school administrators want to encourage healthy choices and decide to impose a $0.25 price increase on cans of soda. Given that the absolute price of a carton of juice is unchanged, the relative price of a carton of juice .

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In her school's food court, Molly notices that a carton of juice costs $1.75 and a can of soda costs...

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