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
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.
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.
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.
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.