--%>
Assignment Help - homework help

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 : Explain about the NO economic reform NO

    NO economic reform could probably: (w) remove scarcity. (x) decrease the average costs of production. (y) abolish equality in income distribution. (z) increase wages for most workers. How can I solve my eco

    		•
  • Q : Opportunity cost of absent class in

    Why is class attendance mostly always higher on days while examinations are specified?

    		•
  • Q : Uses of a theory in economic analysis

    To be helpful in economic analysis, a theory should produce: (w) Realistic assumptions. (x) A consensus in between scientists. (y) Results which is not possible to disprove. (z) Predictions supported through real world data.

    Q : Determine the Supply and Demand in

    This vigorously competitive clothing market is at firstly in equilibrium at S0 and D0. When the moves in the demand for clothing to D1 occurred before the transfer in supply to S1, in that case: (1) the primary signal to fir

    		•
  • Q : Problem on Laissez-faire The movement

    The movement towards laissez-faire policies would best be described by a strategy to: (1) Stimulate the domestic production by raising import tariffs. (2) Remove laws to subsidize farming. (3) Guarantee food stamps for fundamental survival. (4) Functi

    		•
  • Q : Determine broad distributive economics

    Economy-broad efficiency: (w) may only be got in a command economy. (x) is classically the most significant goal of public policies. (y) has little to do along with price or market conditions. (z) needs that additional gains to anyone entails losses t

    		•
  • Q : Example of Normative Economic Goals

    Please help me to solve the problem of Normative Economic Goals that is given below: Almost everybody in the world would favor a normative economic aim that people all over must have: (i) high standards of living.

    		•
  • Q : Property rights enforced by government

    In countries where private ownership is a dominant system: (1) Resources are socially owned, with govt. acting as a trustee. (2) Laws concerning the property rights are enforced by government. (3) Monopolization of each productive resource is inevitab

    		•
  • Q : Wealth of nation according to Adam Smith

    Adam Smith asserted that a wealth of nation is not gold, although is as an alternative the: (w) wisdom of its government. (x) goods and resources its people control. (y) new physical territory this conquers. (z) military power this co

    		•
  • Q : Explain about the capital goods Capital

    Capital goods are: (w) machines, equipment, buildings, and other enhancements to natural resources. (x) goods which indirectly contribute to human satisfaction. (y) resources which have been changed for use in the production of other goods. (z) All of

    		•