Answer & Explanation:
Fish is a common resource not a public good because it is subject to rivalry in consumption.Tragedy of commons results when property right aren't assigned for the common resource.
Answer: B. One asset would increase $1,750 and a different asset would decrease $1,750, causing no effect
Explanation:
From the information given in the question, the journal entry at the time of sales will be represented as:
Debit Accounts receivable $1,750
Credit Sales $1750
Now, when the credit receipt is received as illustrated in the question, the journal entry will be:
Debit Cash $1,750
Credit Accounts receivable $1,750
Therefore, one asset would increase $1,750 and a different asset would decrease $1,750, causing no effect.
The correct option is B.
Answer:
the answer is c) To increase awareness by 20% in the next year
Explanation:
The objectives in the business and companies in the world, in this case marketing need to have a quantifiable goal and estimated time of duration, in this case the option a) doesn't have a number that measure the percentage of the market share, and in the option b) doesn't have an estimated time for example one year or 10 months. Due that the option c) accomplish with the two conditions the answer is c)
Answer: c) having limited ability to respond to changes in product and quality
Explanation:
JIT or Just In Time is a system that eliminates waste, reduces the time of production and improves product quality by focusing on customers' wants and having as little lag as possible between order to delivery time.
It is based on rapid throughput, inventory is purchased in discrete quantities as at when needed and production is carried out based on customers' orders or what is believed will be sold. This system does not leave room for any variances in product or quality.
