Answer:
The answer is "Option c".
Explanation:
When there is racing to a bottom scenario, this should be stated that the multinationals looking for profit are shifting production from such countries with strict environmental regulations to minimize the order, thus generating revenue, that's why the profit-based corporations relocate their manufacturing from strong environmental regulations to low standard countries and thereby lower their costs and increase profits.
Answer:
Standard material quantity allowed = 270 units × 8 pounds
= 2,160
Material Price variance = Actual Quantity (Standard price - Actual price)
= 2,100 (3.90 - 4.00)
= 210 Unfavorable
Material Qty variance = Standard price (Standard quantity - Actual quantity)
= 3.90 (2,160 - 2,100 )
= 234 Favorable
Total Material Variance:
= (Standard quantity × Standard price) - (Actual Quantity × Actual price)
= (2,160 × 3.90) - (2,100 × 4)
= 24 Favorable
Labour rate variance = Actual hours (Standard rate - Actual rate)
= 1390(14 -13.80 )
= 278 Favorable
Labor efficiency variance = Standard rate (Standard hours-Actual hours)
= 14 (1350 -1390)
= 560 Unfavorable
Total Labour cost variance:
= (Standard hours × Standard rate) - (Actual Hours × Actual rate)
= (1350 × 14) - (1390 × 13.80)
= 282 Unfavorable
The correct option is - B (16, 22)
Explanation:
<u>Given:
</u>
Demand function = P = -Q +38
Supply function = P = Q – 6
<u>In order to find the equilibrium, the demand function must be equal to the supply function.
</u>
Thus, putting the demand function equal to the supply function , we get,
Q – 6 = -Q + 38
Solving the above equations, Q = 22
Now, putting the value of Q in demand function in order to find out the value of P,
P = -22 + 38
P = 16
Thus, Option B is correct (16, 22)
Answer:D( competition)
Explanation:
Competition can not really determine the availability of prices by offering deals to specific buyer because his competitor might not be more than his company price.
