1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
enot [183]
3 years ago
8

If the absolute price of good X is $10 and the absolute price of good Y is $14, the relative price of good X in terms of good Y

is
Business
1 answer:
elixir [45]3 years ago
3 0

Answer: 1X = 5/7Y

Explanation:

Relative price is the price of a particular good when such good is being compared with another good. The relative price of good X in terms of good Y will be:

= Absolute price of X / Absolute price of Y

= 10/14

= 5/7

Therefore, 1X = 5/7Y

You might be interested in
Retailers may use online liquidators to address the problem of ________. A) distressed inventory B) shopping cart abandonment C)
Verizon [17]

Answer:

The correct answer is the option A: distressed inventory.

Explanation:

To begin with, in the field of business management and marketing as well, the term of "distressed inventory" refers to the situation where the company has for a long time its products that are not being sell and for that reason the inventory is getting stuck in the business without obtaining profits from that situation. Therefore that in order to address that problem the marketing department alongside with the head manager should start online liquidators to increase the number of sales of those products.

4 0
3 years ago
The systems viewpoint sees organizations as entities made up of four interrelated parts known as Group of answer choices inputs,
Reil [10]

Answer:

inputs, outputs, transformation processes, and feedback.

Explanation:

The viewpoint of the system that could see the organziation as the entities as they should be made of the input as the raw material, output as the finished product, transformation process as when the raw material is converted into the finished product and the feedback as the client feedback related to the product and service

So as per the given situation the above should be the answer

6 0
3 years ago
Patrick has a written independent contractor agreement with his broker Tami. Last year, about 25% of his income came from sales
melomori [17]

Answer:

The correct answer here is C) an employee .

Explanation:

Even though Patrick has written independent contract agreement with his broker, he will be considered an employee not independent contractor because Patrick is earning 75% of his total income from his broker on a hourly wage and that is paid to him on normal pay date , while the independent contractors are paid when the accounts payable receives the invoice, usually independent contractors are paid after the completion of task or at the end of a period.

7 0
3 years ago
Read 2 more answers
What can happen when international rivals compete against one another in multiple-country markets?
Genrish500 [490]

Answer:

It will initiate a trade war between countries.

Explanation:

When international rivals compete in the multi-country or global market, they usually show aggressive behaviour that initiates trade war between them and the countries. In order to compete in the market and to compete against each other, the rivals show aggressive behaviour in terms of profit and cost margins that helps the buyers to buy commodities of good quality and at low prices.

3 0
3 years ago
Cash Flows from Operating Activities—Indirect Method
Dmitrij [34]
$396,200 + 61,250 +   27,600+ 9,000+ = 479,000 dollars
4 0
3 years ago
Read 2 more answers
Other questions:
  • Mehmet’s café sells coffee for only $.50, which is less than it costs, but Mehmet hopes customers will come for the coffee and e
    5·1 answer
  • Privacy:_______.
    14·1 answer
  • Timothy Carter went out to eat with his girlfriend at a fancy restaurant. When he tried to pay the bill with his Mastercard cred
    11·1 answer
  • If the factory overhead is underapplied, then the adjusting journal entry to close the factory overhead account includes a: (Che
    6·1 answer
  • Giglio Inc. has the following information for the previous year: Net income = $400; Net operating profit after taxes (NOPAT) = $
    15·1 answer
  • A $1,000 par value bond with a conversion price of $50 has a conversion ratio of
    15·1 answer
  • A jet ski depreciates at 11% of its original value each year. If the jet ski was $8000 at its time of purchase, what is the valu
    5·1 answer
  • g During Year 2, the company experienced the following events: Purchased inventory that cost $5,200 on account from Ross Company
    11·1 answer
  • Prior to May 1, Fortune Company has never had any treasury stock transactions. A company repurchased 150 shares of its common st
    9·1 answer
  • Workers compensation rating is developed by applying a rating bureau's job classification rate to what increment of payroll?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!