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Butoxors [25]
3 years ago
6

I need help with number 4

Business
1 answer:
Ne4ueva [31]3 years ago
3 0
I believe the answer is C
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If the absolute price of good X is $10 and the absolute price of good Y is $14, then what is (a) the relative price of good X in
Yuri [45]

Answer:

 1X= 5/7Y

1Y= 7/5Y

Explanation:

Relative price of product of X in terms of product Y is the price of product X expressed a fraction of product of Y, that is $10/$14=5/7,and it is expressed in standard terms 1X=5/7Y

The relative price of  product Y in terms of product X is $14/$10=7/5 and also can be expressed in standard format as IY=7/5Y

All in all, product the relative price of product Y seems to be higher than the relative price of product x

8 0
3 years ago
The first letter of a word that means a waiting line, as at a ticket counter, movie, or bank:
oee [108]
The answer to this question is: Q
Many business use the word Queque to indicate a wating line. The word first originated from a programming language.
The word is used to describe the task that must be processed after the data that is currently processed is finished, and many businesses adopt this word after it got popular.
7 0
3 years ago
A higher level of interest income can be received if a savings account offers a promotional rate.
KiRa [710]
True. One would get the regular stated interest rate plus the additional promotional rate. Thus one would recieve a higher income via the savings rate.
4 0
3 years ago
Marcia Simpson is the CEO of a golf training aid company. The company manufactures a variety of different products to help golfe
wariber [46]

Answer: Business

Explanation: In simple words, business refers to a group of activities that an individual performs, by taking calculated risk, for the ultimate purpose of making profit.

In the given case, Marcia Simpson is starting the new academy to target wealthy corporate employees.

Hence we can conclude that she is willing to start a business.            

3 0
2 years ago
Beef is a normal good. You observe that both the equilibrium price and quantity of beef have fallen over time.Which of the follo
postnew [5]

Answer: New medical evidence has been released that indicates a negative correlation between a person's beef consumption and life expectancy.

Explanation: The most consistent explanation with this observation is that new medical evidence has been released that indicates a negative correlation between a person's beef consumption and life expectancy. The medical evidence about correlation between the beef consumption of the people and their life expectancy would significantly affect equilibrium price and the quantity of beef bought negatively.

6 0
3 years ago
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