The true statement out of all is
B) Georgeland has both an absolute and a comparative advantage in producing clothing.
Explanation:
This is because Absolute advantage is when one firm or a producer is able to produce more of a product using less resources or less time or more of the product in the same resources or same time as the other.
Comparative advantage is found out at the added bonus of having the product be as viable as it is advantageous which means that the producer could also be making another product and would have the advantage in that too so either one of them is equally profitable.
Answer:
C. Dependable.
Explanation:
Veronica is showing that she is dependable as she never misses a day of work, even though she lives in a cold climate where ice, snow and freezing temperature are common, which shows that she is reliable and committed towards her work. An employer can trust employees like her in assigning some of very important task or role, which is time-bound and require commitment. There are two characteristics of a dependable person is honesty and reliability, the reliable employee is the one who is committed.
Answer:
Exploitative Devices: Management did not share benefits of increased productivity and so economic welfare of workers was not increased. 2. Depersonalized work: Workers were made to repeat the same operations daily which led to monotony
Answer:
22.7 %
Explanation:
We can solve two of the problems using Capital Asset Pricing Model (CAPM) which is as follows:
Ra= Rf + (Rm-Rf)*B
Where,
Ra= Rate of return on stock
Rm= Rate of return on market
Rf= Risk Free rate
B= Beta coefficient of stock
Now we can move for your problem
Prob1) Ra= .15, Rf= .08, Rm= .13, B= ?
.15=.08+(.13-.08)B
Therefore, beta Coefficient = 1.4
Prob2: Ra= ?, Rf= .04, Rm= .15, B=1.7
= .04+(.15-.04)*1.7
Therefore, Ra=0.227 = 22.7 %
Actual sales volume for a period is
units. budgeted sales volume is
. actual selling price per unit is $
and budget price per unit is $
. the sales price variance is $
Sales Price Variance:
The term "sales price variation" describes the discrepancy between a company's anticipated price for a good or service and the amount that was actually paid for it.
Reduced competition, higher sales price realization, general inflation, a sudden rise in product demand, etc. are a few potential reasons for a favorable sales price variance.
Sales Price Variance = (Actual Sale Price – Standard Sale Price) × Actual Quantity Sold.
Calculation of the Sales Price Variance :-
Sales Price Variance = ( Actual price
Budgeted price)× Actual quantity
Sales Price Variance = 
Sales Price Variance = $
Unfavorable.
Learn more about Sales Price Variance here
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