The word referred to above is called the Fairtrade Mark. The purpose of this mark is to enable consumers to encourage sustainable farming practices by buying produces that has such a mark.
<h3>Who issues the Fairtrade Mark?</h3>
The Fairtrade Certification which is issued by a third-party auditor called FLOCERT is used to identify companies that have manufactured products that comply with Fairtrade's international standards.
The Fairtrade mark standards look at three major areas:
- Environmental Standards
- Economic standards
- Social standards
Please see the link below for more about Fairtrade Mark:
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Answer:
True
Explanation:
An increase in the cost of production would cause some producers to stop production, supply would fall and the supply curve would shift to the left.
I hope my answer helps you
Answer:
The WACC can be calculated as below;
Explanation:
WACC=E*rs+D*rd+D2*rps/(E+D+D2)
Where E=$250 million
rs=14%
D=$300 million
rd=7%
D2=$50 million
rps=5.8%
Now putting above values in the given formula we get;
WACC=250*14%+300*7%+50*5.8%/(250+300+50)
WACC=$58.9 million/$ 600 million
WACC=9.82%
From the weekly output given, the average multifactor productivity will be 1.447.
<h3>How to calculate the average multifactor productivity</h3>
From the complete information, the following can be deduced:
Week 1:
Input cost = 35660
Output cost = 51500
Week 2:
Input cost = 31800
Output cost = 45500
Week 3:
Input cost = 33500
Output cost = 49000
Week 4:
Input cost = 35160
Output cost = 51000
Total input cost:
= 35660 + 31800 + 33500 + 35160
= 136120
Total output cost:
= 51500 + 45509 + 49000 + 51000
= 197000
Average multifactor productivity
= Output / Input.
= 197000 / 136120
= 1.447
Learn more about productivity on:
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