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Rashid [163]
3 years ago
15

Asymmetric information in a market transaction occurs when there is unequal knowledge possessed by the multiple choice seller an

d the government. Buyer and the government. Buyer and the seller. Taxpayer and the government.
Business
1 answer:
kirza4 [7]3 years ago
4 0

Asymmetric information in a market transaction occurs when there is unequal knowledge possessed by the <u>"buyer and seller".</u>


Asymmetric information, otherwise called information failure, happens when one gathering to a financial exchange has more noteworthy material learning than the other party. This regularly shows when the merchant of a decent or benefit has more noteworthy learning than the purchaser, despite the fact that the turn around is conceivable. All economic exchanges include data asymmetries.  

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How much money does the government take from your paycheck?
QveST [7]

Answer:

15.32%

Explanation:

8 0
2 years ago
Explain the following statement in your own words: "Increasing productivity and also quality will result in increased capacity,
WARRIOR [948]

Answer:

Increased productivity and quality leads to consumer trust relationship that results in increase in demand and increase in the production capacity to meet the demands.

Explanation:

First when a company increases its productivity with commensurate increase in the quality of the goods produced or manufactured. The direct effect is that  the consumer base of the goods increase. In other words, consumers exhibit a level of confidence in the quality of the goods, they are attracted to patronize the company and since there is increased productivity, the company is able to meet the needs of its increasing consumers.

Furthermore, once the consumers are attracted and the company is able to meet demands, more consumers are also eager to join in purchasing the product, hence, the company is then required to increase its production capacity to meet the demands of its ever increasing customers.

<u>Why?</u>

The ability of a company to produce consistently quality goods and also meet the demands of its customers lead to a trust relationship between the customers and the manufacturer and such a relationship provides a solid platform for a continuous increase in consumer base that will warrant an increase in production capacity to accommodate more demands.

8 0
4 years ago
What is local technology?
kirill [66]
In networks, local refers to files, devices, and other resources at your workstation. Resources located at other nodes on the networks are remote.
3 0
3 years ago
A company has $100,000 in "outstanding accounts receivable" and it uses the allowance method to account for uncollectible accoun
alukav5142 [94]

Answer:

D. $4,900

Explanation:

When a company makes sales on account, debit accounts receivable and credit sales.

Based on assessment, some or all of the receivables may be uncollectible.  

To account for this, debit bad debit expense and credit allowance for doubtful debt.

Should the debt become uncollectible (i.e go bad), debit allowance for doubtful debt and credit accounts receivable.

Amount of uncollectible debt estimated

= 4% * $100,000

= $4,000

This represents what the balance in the allowance for doubtful debt account should be at the end of the period. Since the account has a debit of $900, the amount to be posted will be a credit of

= $4,000 + $900

= $4,900

The corresponding debit entry will be posted to bad debts expense.

4 0
3 years ago
Perteet corporation's relevant range of activity is 7,500 units to 14,500 units. when it produces and sells 11,000 units, its av
dusya [7]

If Perteet corporation produces 7,000 units, the variable manufacturing overhead cost shall be 7,000 units * $1.50 = $10,500

And fixed manufacturing overhead shall remain same in totality, hence fixed manufacturing overhead cost shall be 11,000 units *$3 = $33,000


The total amount of manufacturing overhead cost = 10,500+33,000 = $43,500


Hence, the total amount of manufacturing overhead cost at the level of 7,000 units production shall be  <u>$43,500</u>






5 0
3 years ago
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