Answer:
C) Z is a substitute for input X in the production of Y.
Explanation:
Goods are substitutes if they can be used in place of each another. For example, pen and pencil can be considered as substitute.
If the price of a good decreases, the demand for that good increases and the demand for the subsituite falls. X and Z are substitutes
Complements are goods that are consumed together e.g. bread and butter.
Inputs are goods used in the production of output. If the price of input increases, the price of the output increases. Therefore, X is an input in the production of Y.
Since X and Z are substitutes, and X is an input for Y.
I hope my answer helps you
Navy blue and gold are the official colors of the FBLA. Hope this helps!
Answer:
pic quality is too low so I didn't understand
Answer:
$3,642.50
Explanation:
For computing the average annual amount of net income (loss), first we have to compute the net income which is shown below:
The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid
$9,700 = $0 + Net income - ($2,420 + $0 + $1,440 + $1,010)
$9,700 = $0 + Net income - $4,870
So, the net income is
= $9,700 + $4,870
= $14,570
Now the average annual amount of net income is
=
=
= $3,642.50