Question

The price of a cup of coffee is $2.00. The price of a cup of tea is $1.20. The relative price of a cup of tea with respect to a cup of coffee is A) 0.6 cups of coffee. B) 1.67 cups of coffee. C) 1.0 cup of coffee. D) 1.25 cups of coffee. E) 0.75 cups of coffee.

Answer 1

To find the relative price of a cup of tea with respect to a cup of coffee, we can divide the price of tea ($1.20) by the price of coffee ($2.00).

Relative price = Price of tea / Price of coffee

Relative price = $1.20 / $2.00 = 0.6

So, the relative price of a cup of tea with respect to a cup of coffee is 0.6 cups of coffee. Therefore, the answer is A) 0.6 cups of coffee.

Answer 2

The relative price of a cup of tea with respect to a cup of coffee is B) 1.67 cups of coffee.

Step-by-step explanation:

The relative price of tea to coffee is calculated by dividing the price of tea by the price of coffee. So, $1.20 (price of tea) divided by $2.00 (price of coffee) equals 0.6. This represents how many cups of tea you can buy with the price of one cup of coffee.

However, the question asks for the relative price of tea in terms of coffee, not the other way around. To find this, you need to invert the ratio. When you divide 1 by 0.6 (the initial ratio of tea to coffee), you get approximately 1.67. This means that for the price of one cup of coffee, you can buy 1.67 cups of tea.

So, the correct answer is 1.67 cups of coffee is the relative price of a cup of tea with respect to a cup of coffee.