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pochemuha
1 year ago
11

the tragedy of the commons is the: tendency to underconsumed common resources. destruction of nonrival, nonexcludable goods. des

truction of rival, excludable goods. tendency to over consume common resources.
Business
1 answer:
chubhunter [2.5K]1 year ago
3 0

The tragedy of the commons is the <u>tendency for people to over-consume </u><u>common resources</u>, leading to their depletion.

<h3><u>The Tragedy of the Commons</u></h3>

There are a number of reasons why this problem arises:

  • One is that people are often motivated by self-interest, and so they may not consider the long-term effects of their actions.
  • Another reason is that people may not have a full understanding of the problem, and so they may not realize the importance of conserving resources.

This problem can have a number of negative consequences.

  • One is that it can lead to the depletion of important resources. This can cause economic hardship for those who depend on those resources, and it can also lead to environmental degradation.
  • Additionally, the problem of the tragedy of the commons can also lead to social conflict, as people compete for access to limited resources.

Learn more about <u>Tragedy </u><u>of the </u><u>Commons </u>at: brainly.com/question/9680058

#SPJ4

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LCH is a leading electronics company that produces and markets its own brand of desktop and laptop computers, for both individua
andriy [413]

Answer:

Communication audit

Explanation:

Communication audit is done to determine how effective communication tools are. It also profers solutions on how to improve on an organisation's communication infrastructure.

Apart from improving internal processes it is used to determine the best way to communicate to the external world.

In this scenario a communication audit is done to measure an external party (the customer) and their interaction with LCH, it's computers, and services.

Knowledge gained can better imporve products and services provided to the customer by LCH

5 0
3 years ago
Read 2 more answers
Pillar Company owns 70 percent of Salt Company's outstanding common stock. On December 31, 20x8, Salt sold equipment to Pillar a
emmainna [20.7K]

Answer:

C. Pillar's original cost less Salt's recorded gain

Explanation:

For physical assets, that is in the form of machineries or computer hardware or in this case, equipment, we can calculate the carrying cost to be the original cost minus accumulated depreciation.

in answer to this question, the carrying amount of the equipment should be reported at <u>Pillar's original cost less Salt's recorded gain.</u>

4 0
3 years ago
A fire destroyed a warehouse of the Goren Group, Inc., on May 4, 2021. Accounting records on that date indicated the following:
katrin [286]

Answer:

$1,190,000

Explanation:

The computation of cost of the inventory is given below:-

For computing the cost of inventory first we need to find out the cost of goods sold which is shown below:-

Cost of goods sold = Sales - Estimated gross profit

= $8,900,000 - ($8,900,000 × 20%)

= $7,120,000

Now, the Cost of the inventory = Beginning inventory + Purchase + Freight - Cost of goods sold

= $1,970,000 + $5,870,000 + $470,000 - $7,120,000

= $8,310,000 - $7,120,000

= $1,190,000

So, for computing the cost of the inventory we have applied the above formula.

3 0
4 years ago
On January 1 a company purchased a five-year insurance policy for $2,300 with coverage starting immediately. If the purchase was
Vesnalui [34]

Answer:

Correct answer is D, Debit Insurance Expense, $460; credit Prepaid Insurance, $460

Explanation:

The company uses asset method of recording the purchase of insurance. Hence, at end of year end the company must recognize the expire portion of the policy and charge it against insurance expense.

$2,300 / 5 years = $460 (annual insurance expense)

Entry:

Debit Insurance expense $460

Credit Prepaid insurance $460

The balance of the prepaid insurance at the end of first year is $1,840 (2,300 - 460).

3 0
3 years ago
Can you please help me come up with an unused company/brand name for a company that manufactures tables. Thanks
RideAnS [48]
Just add your first name and put tables after it.

8 0
4 years ago
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