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    Phuong Anh Luong
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    The document discusses the relative price of apples and oranges in equilibrium. It provides a graph showing the relative quantity of apples and oranges demanded along the x-axis and the relative price of apples on the y-axis. The document determines that the equilibrium relative price of apples from the graph is 2.

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    The document discusses the relative price of apples and oranges in equilibrium. It provides a graph showing the relative quantity of apples and oranges demanded along the x-axis and the relative price of apples on the y-axis. The document determines that the equilibrium relative price of apples from the graph is 2.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    17 views1 page

    Im Ex

    Uploaded by

    Phuong Anh Luong
    The document discusses the relative price of apples and oranges in equilibrium. It provides a graph showing the relative quantity of apples and oranges demanded along the x-axis and the relative price of apples on the y-axis. The document determines that the equilibrium relative price of apples from the graph is 2.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 1

    IELSIU 18241 -

    Luong Phuong Anh

    Relative price of Apple


    ¥ II ¥ ¥,p
    '

    Palp
    -
    -

    "

    HE
    -
    -

    . . .
    .
    .

    "¥:÷÷ .

    2
    "
    - - -

    p.PT
    RD
    #
    0.5 2 Relative quantity
    Apple
    of QatQa
    Qb t Qb*
    d) PT = 2

    Equilibrium relative price of Apple from the graph : PIL

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