--%>

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 : Uses of Normative Economics over

    Can anybody propose the proper explanation for specified problem regarding Normative Economics. Positive economic analysis might NOT be used to test the idea which higher cigarette taxes would reas

  • Q : Define positive technical statement on

    A positive technical statement on the subject of college life is which: (1) college deans are more moral than department chairs. (2) elite colleges frequently admit the wrong students. (3) history professors and accounting professors deserve similar pay. (4) on averag

  • Q : Illustrates the problem of Productive

    At present, at Bob's Candle shop, Arjuna and Krishna share the jobs of making molds and making candles. Nonetheless, while Arjuna is best at making molds and Krishna is much better at creating the candles, then: (a) Bob’s shop is experiencing allocative although

  • Q : Knowing the Property Rights Fee-simple

    Fee-simple property rights comprise the right to: (1) Demolish things you own, sell them, or confer them away.  (2) Duplicate a copyrighted work by paying the small fee. (3) Picnic in such publicly-owned facilities like national parks. (4) Employ

  • Q : Influence of technology in production

    The production possibility frontier would not be prolonged by: (i) The Pilgrim’s increasing utilization of fertilizer after Native Americans exhibited them that corn grows better when a rotten fish is planted all along with seeds. (ii) Vandalism

  • Q : Economic assumption of rationality in

    As per to the economic assumption of rationality: (w) entrepreneurs are usually more rational than employees. (x) consumers often perform in random or erratic ways. (y) people tend to behave in accord along with their goals. (z) people who are rationa

  • Q : High rates of saving and investment Can

    Can someone help me in finding out the right answer from the given options. Production possibilities frontiers can be employed to demonstrate why maximizing economic growth needs: (1) The amount of investment goods to equivalent the quantity of consum

  • Q : Explain about excellent economic

    Good economic theories are tends to be: (w) detailed pictures of real-world economic behavior. (x) based upon value judgments. (y) logical and simple explanations of real world behavior. (z) intended at maximizing capitalists' profits.

    Q : Explain the view of economist land to

    What is an economist describe “land” to encompass: (1) Such enhancements to natural resources as sidewalks and utility lines. (2) the productive muscle of the economy. (3) all equipment and machinery. (4) any type of additions to the econo

  • Q : Mixed economy of a market system

    Whenever compared to a mixed economy which relies primarily on the market system, the society which relies relatively greatly on brute force, queuing, and arbitrary selection tends to experience: (1) Powerful reducing returns. (2) Opportunity costs to drop. (3) Fast t