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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

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Vaughan Services hires a new accountant to maintain its petty cash fund. Although the employee possesses an accounting​ degree,
timama [110]

Answer: Competent, reliable, and ethical personnel.

Explanation:

Vaughan Services needs to follow competent, reliable and ethical personnel procedure to addressed this type of situation.

Competent characteristic tell us about the employee skills, knowledge and capability or ability of doing some work successfully.

Reliable characteristic tell us about the employee performance, quality and trustworthy or not.

Ethical personnel tells us about the employee's behavior towards the other people, responsibilities towards work and how much he is committed towards work.

5 0
3 years ago
Suppose that an increase in a nation's income causes the nation's residents to buy more domestic and foreign goods. Given this,
S_A_V [24]

Answer:

B: Both the US dollar and the Mexican peso will appreciate.

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There are many causes of currency appreciation. In this context, an increase in income of American workers will result in a higher demand for local goods and foreign goods coming from Mexico. This means that the higher demand for Mexican currency by Americans to purchase Mexican goods will result in currency appreciation. The Dollar will also appreciate due to higher demand.

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3 years ago
National income equals:_______.
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Answer:

C

Explanation:

C. compensation of employees + proprietors' income + indirect business taxes + rental income + net interest

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3 years ago
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"Tom, at Bode Corporation we align our individual goals with the company's goals.
stellarik [79]

Answer:

quantitative management , management by objective , time-and-motion studies

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All to manage stress by yourself................................................................................................................................................................................................

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Which of the following is most correct:Question 8 options:A firm with financial leverage has a larger equity multiplier than an
elena-14-01-66 [18.8K]

Answer:

A firm with financial leverage has a larger equity multiplier than an otherwise identical firm with no debt in its capital structure.

Explanation:

The equity multiplier basically tells us what portion of the company's assets were financed through equity, i.e. what portion was financed by the company's owners.

the formula to determine the equity multiplier = total assets / total equity

the higher the equity multiplier, the higher the return on equity (ROE), but a high equity multiplier (financial leverage) also increases the company's risk since eventually it might not be able to pay off its creditors if something goes wrong.

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3 years ago
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