Answer: Option (a) is correct.
Explanation:
A country has a comparative advantage in producing a commodity if the opportunity cost of producing that commodity in terms of other commodity is lower than the other country.
A country has a absolute advantage in producing a commodity whose production require less number of resources than the other country.
A country exports the commodity in which it has a comparative advantage and imports commodity in which it has a comparative disadvantage.
Therefore, if both the countries decide to trade then Belarus should export linen to Russia.
Hutton Company reported a $750 unfavorable overhead variance on a recent performance report. This means that factory overhead was underapplied during the period.
<h3>What does an unfavorable overhead volume variance mean?</h3>
An unfavorable volume variance indicates that the amount of fixed manufacturing overhead costs applied (or assigned) to the manufacturer's output was less than the budgeted or planned amount of fixed manufacturing overhead costs for the same time period.
Unfavorable variance is an accounting term that describes instances where actual costs are greater than the standard or projected costs. An unfavorable variance can alert management that the company's profit will be less than expected.
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This scenario illustrates that Horizon has failed to fulfill its <u>"Legal responsibility".</u>
There are legal responsibilities for most private companies. They will differ contingent upon the idea of the business.
To stay away from issues later on it is imperative to comprehend your commitments. It is critical to know your commitments and legal responsibilities for working a business. This can be perplexing in light of the fact that directions can apply to a wide range of regions of your business.You are in charge of guaranteeing you have the right business enlistments and that they are kept up and recharged.
Answer:D. Nonprofit organizations often have a commitment to the specific set of interests and values of their members, and therefore should be excluded from emergency management planning efforts.
Explanation: Non-profit organizations are mainly organizations that are committed to the common good of the Local community,State or Country where they are located. Some are known to have influences spread across countries and continents like the BILL AND MELINDA GATES FOUNDATION known to be present in most countries of the world. They should be involved and engaged in emergency Management planning and project execution as they are not meant to make profit but to serve the majority of people.
In a market economy, households hold all the basic resources or factors of production. This is because, a market economy is the type of economy in which economic decisions and the prices of goods are determined by the aggregate interactions of the nation's individual citizens and businesses.
