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3 years ago

Why is it sometimes hard for LDCs to use their natural resources efficiently?

2 answers:

8 0

The answer to this item is letter A.

LDC stands for Least Developed Countries. Countries which projects low socioeconomic status are considered to belong to LCs. Thses countries find hard to use their natural resources efficiently because they cannot afford to buy technology to develop their natural resources.

Advocard [28]3 years ago

6 0

100% sure the answer is A!!!!!

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The records of Norton, Inc. show the following for July. Standard labor-hours allowed per unit of output 1.2 Standard variable o

ruslelena [56]

Answer:

Direct labor rate variance = $162,000 U

Direct labor efficiency variance = $48,000 U

Variable overhead rate variance = $240,000 F

Variable overhead efficiency variance = $72,000 U

Explanation:

As per the data given in the question,

Direct labor efficiency variance = (Standard hour - Actual hour) × Standard rate

-$48,000 = (60,000 * 1.2 - 73,600) × Standard rate

Standard rate = -$48,000 ÷ -1,600

= 30

Direct labor rate variance = (Standard rate × Actual hour - Direct labor)

= (30 × 73,600 - $2,370,000)

= -$162,000

= $162,000 U

Direct labor efficiency variance = $48,000 U

Variable overhead rate variance = (Direct labor hour × Actual hour - actual variable overhead)

= ($45 × 73,600 -$3,072,000)

= $240,000 F

Variable overhead efficiency variance = (72,000 - 73,600) × $45

= $72,000 U

3 0

4 years ago

Ngai Nhung is the sales manager at Hung Technologies. At lunch with the company CEO, Ngai proudly announced that he had negotiat

beks73 [17]

Ngai Nhung is the sales manager at Hung Technologies. At lunch with the company CEO, Ngai proudly announced that he had negotiated a blanket purchase order with a client that represented the customer's long-term commitment to buy components from Hung.

Option: D

Explanation:

Here Ngai announcement means that the firm's consumers with their suppliers are going to enable several distribution dates across a period of time, often structured to reap the benefits of fixed prices which showcase the long-term relation between firm and consumer, thus understood as a blanket purchase order.

It is basically utilized when expendable products are recurrently needed. Blanket orders are commonly used when a consumer purchases large amounts and receives special discounts. Calculating the predicted amount planned by the recipient of the commodity is the toughest part of getting an agreement.

3 0

4 years ago

Which act prohibits banks from treating people differently based on race, origin, marital status, or age?

Serjik [45]

Answer:C.

Explanation:

4 0

2 years ago

Employers prefer to review a___ resume when the history is the most important consideration. A) targeted b) combination c) chron

jeyben [28]

The answer is C: chronological (because it pertains to an order and can involve history.

3 0

3 years ago

"Only one firm produces and sells soccer balls in the country of Wiknam, and as the story begins, international trade in soccer

sweet-ann [11.9K]

Answer:

Explanation:

a) since MR=MC, then 15-2Q=3+Q. So, the monopolist produce Q=4

price P=15-Q=10-4=6

profit=6*3-TC=18-(3+4+0.5*4^2)=3

b)since the P=6=6, domestic production will stay the same. The domestic consumption will stay the same. For Wilknam, it will import soccer balls.

c)yes, it holds that Wiknam will be an importer. Because the price for domestic production is 6 which is same as the world price 6.

d)Since the price within country is the same with price out of country, and also, MC=3+Q=7>6, Wiknam will import soccer balls. The monopolist market will become a competitive market.Even though the price won't change,the product will be of high quality and so on. The market will become more equilibrium.

7 0

3 years ago