-Refer to the Above Table

question 373

Multiple Choice

-Refer to the above table. Based on the information in the table, we can say that

• A) all three goods are substitutes for each other.
• B) all three goods are complements.
• C) X and Y are substitutes, Y and Z are complements, and X and Z are substitutes.
• D) X and Y are complements, Y and Z are substitutes, and X and Z are complements.

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Definitions:

Voluntary Unemployment

The condition of being without employment by choice, often due to personal reasons rather than external economic conditions.

Sick Leave

Time off provided to employees for illness without loss of pay.

Position

The set of duties (job) performed by a particular person.