When output price rises, the labor demand curve shifts to the right – more labor is demanded at each wage. When output price falls, less labor is demanded at each wage. Technological change causes the MPL function to change, generally to in- crease at each level of L. This shifts the labor demand curve to the right.
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Answer:
$1.8 Unfavourable
Explanation:
Labor usage variance can be calculated by deducting Standard hours from Actual hours and multiplying the result by the standard rate.
DATA
Standard hours = 1.50 hours
Standard rate = $12/hour
Actual hours = 1.65 hours
Actual rate = $11.5/hour
Calculation
LABOUR USAGE VARIANCE = (SH-AH)SR
LABOUR USAGE VARIANCE =(1.5 - 1.65) x $12
LABOUR USAGE VARIANCE = (-0.15) x $12
LABOUR USAGE VARIANCE = $1.8 Unfavourable
The policymaker domicile in a country can incorporate the Domestic Climate Policy Framework into a widely accepted environmental policy by suggesting their legislation to the international communities.
<h3>What is a Domestic Climate Policy Framework?</h3>
As part of the Framework Convention on Climate Change, theClimate Policy Framework sets out the basic legal framework and principles for international climate change cooperation.
The framework have a goals of stabilizing atmospheric concentrations of greenhouse gases to avoid “dangerous anthropogenic interference with the climate system.
Hence, the legislators (policymaker) domicile in a country can incorporate the Domestic Climate Policy Framework into a widely accepted environmental policy by suggesting their legislation to the international communities.
Read more about Climate Policy
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Answer would Be C$305 billion let me know if I was right