--%>
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 : Demonstration of scarcity in the U.S.

    By which is scarcity in the U.S. economy demonstrated: (v) The "energy crisis" of the 1970s, (w) Welfare payments to impoverished families, (x) Government budgeting more funding for defence or more for education, (y) Housing shortages in Santa Monica

    		•
  • Q : Economic welfare-Production possibility

    Maximizing the community's economic welfare needs production: (i) On production-possibility curve. (ii) Of minimum exports and maximum imports. (iii) Of more consumer durables and fewer services. (iv) Exterior to the production-possibility curve.

    		•
  • Q : Explain the normative economic analysis

    Normative economic analysis: (w) involves only non-quantitative measures. (x) gives precise predictions of economic effects. (y) emphasizes a social science approach to problems. (z) is based upon value judgments.

  • Q : Explain about the positive economic

    Positive economic statements: (1) are factual and can never be wrong. (2) predict political viewpoints. (3) are attempts to explain economic relationships. (4) estimate the fairness of social programs. (5) can resolve the matter of equity.

  • Q : Why are Land Land, labor, and capital

    Land, labor, and capital are all scarce since: (w) human wants are restricted. (x) less is obtainable than people want. (y) each productive resource needs a monetary return for its use. (z) once employed they cannot be used again.

    Q : Assignments I want it tomorrow night or

    I want it tomorrow night or before, please.

    		•
  • Q : Law of diminishing returns The idea

    The idea that costs ultimately grow faster than output if output is expanded obeys logically from the law of: (i) Increasing expectations. (ii) Raising returns to scale. (iii) Diminishing returns. (iv) Demand and supply. (v) Rational effects.

    Q : Theory of independence in Adam Smith era

    The Age of Enlightenment shown increased reliance upon scientific methodology and logic like mechanisms for ascertaining fact, and a growing belief which hierarchical authority lacks a monopoly upon purpose and wisdom. That school of thought set the stage for these do

    		•
  • Q : Problem regarding costs of buying

    Please recommend me your best answer for given problem. While buying a $70 shirt at Banana Republic maintains you from enjoying the pleasure of a $70 meal at a huge restaurant: (i) Opportunity costs are at play. (ii) You are not be

    		•
  • Q : Condition to being a free good Which of

    Which of the given probably comes closest to make a free good: (1) Unexpected warmth through the sun within Chicago in January. (2) A hot school lunch given for a needy student. (3) A microwave pizza bought along with food stamps. (4) Income earned th

    		•