Human Resources in the Poorest DVCs Have the Following Characteristics

question 58

Multiple Choice

Human resources in the poorest DVCs have the following characteristics, except:

• A) Populations are large
• B) Unemployment and under-employment are widespread
• C) Population growth is low
• D) Labor productivity is low

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Definitions:

Variable Cost Elements

Expenses that change in proportion to the amount of goods produced or the volume of sales.

Fixed Cost Elements

Costs that do not change with the level of production or sales activity within a certain range or over a certain period.

Telephone Costs

Expenses related to the usage of telecommunication services by a business, categorized as utility expenses and recorded in the income statement.

Margin Of Safety

The difference between actual or projected sales and the break-even point, measuring operational risk and efficiency.