<span>Those farmers in the
developing countries demand reduced subsidies because subsidized agricultural
products from United States lead to an abundance or surplus of global agriculture.
This surplus eventually leads to the prices in developing countries to lower, as
a result of which the developing country farmers have to suffer.</span>
When a company engages in maximizing local profit or minimizing cost in a supply chain, this can best be described as local optimization.
<h3>What is local optimization?</h3>
This refers to a when a company acts to gain competitive advantage in a local supply chain.
To do this, the company would need to maximize the profits it gets locally while minimizing the costs of running a supply chain.
When this happens, the company can be said to have achieved local optimization because they have found the optimal solution to getting more profit at less cost in the local area that they were focusing on.
In conclusion, this is local optimization.
Find out more on local optimization at brainly.com/question/13826456
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Answer:
The given statement is "False".
Explanation:
- Supply-side policies include those strategies that increase the economic ability of an enterprise as well as the ability to manufacture. To increase supply-side efficiency, there are also many specific steps that somehow an authority may undertake.
- Any strategy that increases the economic capacity of a nation's infrastructure and therefore its ability to transfer should be under the supply-side legal framework.
Answer:
Cats meow to their mommies when theyre kittens, but once they become adult cats they only meow to people. to tell us stuff. :)
you should totally be a cat.
Answer:
40% and $400
Explanation:
For computing the change in net operating income, first we have to determine the contribution margin ratio which is shown below:
Contribution margin per unit = Selling price per unit - Variable expense per unit
= $4 -$2.4
=$1.6
And, Contribution margin ratio = (Contribution margin per unit) ÷ (selling price per unit) × 100
So, the Profit volume ratio = (1.6) ÷ (4) × 100 = 40%
Since the sale is increased by $1,000, so the change would be
= $1,000 × 40%
= $400