According to the Ethical Trading Initiative, Child Labor Cannot Be

question 24

True/False

According to the Ethical Trading Initiative, child labor cannot be used unless there are no suitable alternatives for employees.

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Definitions:

Cost

The amount of money required to produce, purchase, or maintain a product or service.

Markup Percent

The surcharge applied to the acquisition cost of products for covering overhead and making a profit.

Selling Price

The final amount of money charged for a product or service, or the amount the consumer is willing to pay.

Markup Percent

The percentage increase over the cost price of a product to calculate the selling price.