For each of the following variances,state which manager is most likely to be responsible for the variance.
Definitions:
Price
The amount of money required to purchase a good or service, determined by various factors including supply and demand.
Area
The extent or measurement of a surface or piece of land, often expressed in square units.
Price Elasticity
A measure of how much the quantity demanded of a good responds to a change in the price of that good, reflecting the good's sensitivity to price changes.
Orange Juice
A liquid extract derived from oranges, commonly consumed as a beverage rich in vitamin C.
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