Answer the Following Questions Using the Information Below

question 30

Multiple Choice

Answer the following questions using the information below:
JJ Abrams planned to use $164 of material per unit but actually used $160 of material per unit, and planned to make 1,200 units but actually made 1,000 units.
-The sales-volume variance is:

• A)$4,000 favorable
• B)$28,000 unfavorable
• C)$32,800 unfavorable
• D)$4,800 favorable

Comprehend how immigration affects a country's production capabilities.

Analyze how external conditions, such as natural disasters or viruses, impact economic production.

Understand the relationship between economic growth and outward shifts in the production possibility frontier.

Learn about comparative advantage and its significance in international trade.

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Definitions:

Scientific Revolutions

Periods of transformative change and paradigm shifts in the scientific community, characterized by the adoption of new theories and methodologies that significantly alter understanding and knowledge.

Democratic Revolutions

Refers to major political upheavals aimed at establishing more democratic systems of government, typically involving mass participation and demands for political reform.

Sociologists

Experts in sociology, the study of society, social institutions, and social relationships, focusing on understanding patterns of social behavior and organizational structure.

Protestant Ethic

A concept relating to the values of hard work, thrift, and efficiency in one's worldly calling, attributed to the rise of the capitalist economy, particularly associated with the teachings of Protestantism.