Answer:
JT, SM, VD
Explanation:
Calculation to rank the products in the order in which they should be emphasized
VD JT SM
Selling price per unit
$ 344.85 $ 415.40 $ 119.32
Less:Variable cost per unit
$ 270.18 $ 310.88 $ 91.96
Contribution per unit
$74.67 $104.52 $27.36
÷Minutes on the constraint 5.70 6.70 1.90
=Contribution per minut
$13.10 $15.60 $14.40
Ranking
VD $13.10 Third
JT $15.60 First
SM $14.40 Second
JT, SM, VD
Therefore the product will be rank from the highest to the lowest which is JT, SM, VD
Answer:
D. Engaging in active portfolio management to enhance returns
Explanation:
Demand is price elastic, is occurring if a 1 percent decrease in price results in more than a 1 percent increase in quantity demand.
<h3>What is price elastic?</h3>
Price elastic of demand means the measurement of the product's demand with respect to its price.
It is common that if the price of a product will increase, the demand will fall, but some products demand fall more than other products, which is measure by price elastic in demand.
Thus, the correct option is demand is price elastic.
Learn more about demand is price elastic.
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Answer:
B. large amount of natural resources
Explanation:
Comparative advantage is a country's ability to produce a product or service for a lower opportunity cost than rival countries. Opportunity costs are the benefits given up in the extraction process. If a country has a large amount of natural resources, it will use fewer resources in the extraction process than other countries. The trade-off costs will be so little compared to the benefits.
Other countries will find it cheaper to import from a country with large natural resources. For example, oil-rich nations have a comparative advantage in the extraction and processing of oil and oil by-products.
The sectors are international, household, business, and government. The largest spending is consumption spending. That being said the answer would be household.
