Answer the following statement(s) true (T) or false (F)

1. Child labor violations in developing countries has now reduced and is an uncommon occurrence
2. Transparency and accountability has been identified as a key principle of the Principles of Fair Trade document
3. Fair trade products do not categorically cost more than conventional products
4. The fair trade market has grown considerably since it started with craft items in the United Kingdom
5. In Europe a growing trend is to have cities certified as a “fair trade city”


1. False
2. True
3. True
4. True
5. True

Business

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Mcquage Corporation has provided its contribution format income statement for July.   Sales$558,000Variable expenses 306,900Contribution margin 251,100Fixed expenses 209,800Net operating income$  41,300Required: a. Compute the degree of operating leverage to two decimal places.b. Using the degree of operating leverage, estimate the percentage change in net operating income that should result from a 19% increase in sales.

What will be an ideal response?

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What is the name of the U.S. Supreme Court case where the Court invalidated the single-house legislative veto?

a. Clinton v. New York b. INS v. Chadha c. Myers v. U.S. d. Buckley v. Valeo

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A group of brands that a consumer views as alternatives for possible purchase is called a(n)

A. consideration set. B. awareness set. C. alternative set. D. evaluative group. E. framing set.

Business

Who among the following is most likely to have a type A personality?

A. John, who is flexible in delegating work to others and has a minimal sense of time urgency B. Sarah, who is docile and submissive in nature C. Derek, who has the ability to live in the present and quickly adapts to any situation D. Jessica, who is a perfectionist with a sense of time urgency and is often hostile

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