A(n) <u>practice network</u> offers members focused discussion groups, help, information, and knowledge related to an area of shared practice.
The idea of the network of practice was created by John Seely Brown and Paul Duguid and is frequently referred to as NoP. This idea, which is connected to Jean Lave and Etienne Wenger's work on communities of practice, refers to the entire collection of various kinds of informal, emergent social networks that enable information sharing between people with practice-related goals.
In other words, networks of practice include electronic networks of practice as well as communities of practice where learning takes place (often referred to as virtual or electronic communities).
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Issuing 25,000 shares of $5 par value common stock for $20 per share.
Cash (25,000 x 20) 500,000
Common stock (25,000 x 5) 125,000
Additional Paid-In Capital (25,000 x 15) 375,000
The net loss will only be reflected as a deduction from retained earnings. Retained earnings is where the net income or net loss of the company will be under in the year-end balance sheet. It is the balance of all income and loss the company has since its inception.
1. Office supplies- Different materials
2. Frozen food- Different varieties
3. Hair products- Different types
4. Clothes- Different sizes
5. Bikes- Different styles
6. Electronics- Difference devices
Answer:
The number of firms selling laptop computers decreases
Explanation:
Price ceiling is the legal maximum price for a good or service. It is a government imposed price control mechanism put in place to limit how high the price for a product, services or commodities can be.
Government out this in place so as to protect the consumers by ensuring commodities prices don not become expensively high or conditions that might warrant commodities to be expensive.
In the instance above, since the government have placed a price ceiling on sales of laptop computers, the factor/event that would make the market change from price ceiling that is not binding to one that is binding is if the number of firms selling laptop decreases, this would result that the price ceiling not initially having effect on the market price to do have effects on the market prices as the required price set for the sales of laptop will be at price below equilibrium and bind on the remaining number of sellers of laptops in the market. It will mean that the remaining firms selling laptop will not be able to satisfy the market and demand for laptop because the price has been artificially set low by the government.
