--%>

Estimate relative cost

When SCUBA vacations are $480 and DVDs are $16, in that case what is the relative cost of a SCUBA vacation within terms of a DVD?: (i) 30 disks. (ii) 360 disks. (iii) 180 disks. (iv) 20 disks. (e) 3,600 disks.

I need a good answer on the topic of Relative Prices. Please give me your suggestion for above problem.

   Related Questions in Public Economics

  • Q : Influence of economic good in

    An economic good is everything for that: (w) increased consumption increases people's satisfaction. (x) entrepreneurship, land, labor and capital are needed. (y) an economic bad is its physical opposite. (z) producers obtain profits in place of losses

  • Q : Purchases of recently issued bonds and

    Define one reason that the purchases of recently issued bonds and stocks: (1) just only increase the value of federal funds. (2) Are not economic investments since they are just alternative forms of people’s financial saving? (3) Reduce the prof

  • Q : How to recognize economics as a field

    recognize economics as a field of economics

  • Q : Circular flow models of markets I have

    I have a problem in economics on Circular flow models of markets. Please help me in the following question. In a simple circular flow model of markets, the eventual ‘owners’ of all labor and non-labor resources are classified as: (i) Emplo

  • Q : Prohibition in illustrations of

    Illustrations of normative statements would not comprise assertions which: (1) premeditated murderers deserve the death penalty. (2) Leonardo DiCaprio is a terrible actor. (3) AIDS and HIV are transmitted through sexual contact. (4) women must be paid

  • Q : Capitalism as a decentralized decision

    The idea that a virtue of the capitalism is its decentralized decision making appeared when: (i) Social philosophers looked for the alternatives to feudal kings as the economic regulators. (ii) Russian imperialism fostered anti-communist sentiment fol

  • Q : Argument for infant industries to

    The argument for infant industries must be protected through competition through established foreign industries was first advanced through: (1) Richard List. (2) Gustav Schmoller. (3) David Ricardo. (4) Alexander Hamilton. (5) Thomas Robert Malthus. (6) early mercanti

  • Q : Which is related to Jeremy Bentham

    Jeremy Bentham was principally related along with: (1) establishing laissez faire economic policies. (2) reforming the legal system, particularly as this related to crime. (3) establishing a public school system in England to maximize utility from ens

  • Q : Fee-simple property rights I have a

    I have a problem in economics on Fee-simple property rights. Please help me in the following question. Fee-simple property rights are a broad division of: (i) Common law. (ii) Positive externalities. (iii) Negative externalities. (iv) Public property

  • Q : Entails of a technical approach to

    A technical approach to economics entail: (1) positive questions since this cannot resolve normative matters. (2) normative questions since this cannot resolve positive matters. (3) positive and normative questions since this can resolve all matters.