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3 years ago

Suggest reasons why a knowledge sharing system

Business

1 answer:

serg [7]3 years ago

3 0

Answer:

A knowledge sharing system could be establish between rival organizations like Mastercard and Visa in order to improve the services they provide for their clients, as well as to attract more people and earn more money.

Even though it might seem contradictory for rival organizations to work together on sharing knowledge, it's actually not. Mastercard might have something that Visa wants and vice versa so it makes sense for them to collaborate to get what they need.

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The production possibilities curve below shows the hypothetical relationship between the production of guns (national defense) a

balu736 [363]

Answer:

Marginal opportunity cost is the number of units of good 1 that are sacrificed for producing an additional unit of other good.

A) If we increase the production of butter from 1 to 2 then Guns production decreases from 36 to 26. Thus opportunity cost of second unit of butter is 10 guns.

B) Total opportunity cost of 2nd unit of butter = 18 guns

C) marginal opportunity cost of producing the third unit of butter = 12 Guns

D) Total opportunity cost of third unit of butter = 30 Guns

3 0

3 years ago

Evaluate each of the following transactions in terms of their effect on assets, liabilities, and equity.

Lady_Fox [76]

Net change in assets = 15,000+ 75,000

= $90,000

<h3>1-Receive payment of $12,000 owed by a customer</h3>

No effect on asset
No effect on liability
No effect on equity

<h3>2-Buy $15,000 worth of manufacturing supplies on credit</h3>

Assets increase by $15,000
Liabilities increase by $15,000
No effect on equity

<h3>3-. Purchase equipment for $44,000 in cash</h3>

No effect on asset
No effect on liability
No effect on equity

<h3>4-Issue $75,000 in stock</h3>

Assets increase by $75,000
No effect on liability
Equity increases by $75,000

To learn more about assets visit the link-

brainly.com/question/13848560

#SPJ4

5 0

2 years ago

Producers will supply an inefficiently low quality of a good if the government imposes:

ruslelena [56]

Answer:

A binding price ceiling

Explanation:

A binding price ceiling is a situation when the government force the producers to put the price of their product below the equilibrium price.

When being forced into a situation, most of the producers will find some other way to maximize their profit beside raising the price. This will most likely make them reduce the quality of materials that used to produce the goods. This will lower the capital needed for the production and increase the profit. But in return, the supply will be inefficiently and have low quality.

6 0

3 years ago

On December 1, Year 1, El Primero Company purchases inventory from a foreign supplier for 40,000 coronas. Payment will be made i

choli [55]

Answer:

The answer to the question is attached with the document.

Download docx

7 0

3 years ago

Harrington Industries, which uses a process-costing system, had a balance in its Work-in-Process account of $68,000 on January 1

Murljashka [212]

Answer:

The question is missing the below options:

a) a debit to Cost of Goods Sold for $432,000.

b) a debit to Finished-Goods Inventory for $86,000.

c) a credit to Work-in-Process Inventory for $432,000.

d) a credit to Work-in-Process Inventory for $86,000.

e) a credit to Finished-Goods Inventory for $432,000.

The correct option is C,a credit to Work-in-Process Inventory for $432,000.

Explanation:

$432,000 would credited to Work-in-Process Inventory as that is the value of finished goods inventory in the period.The debit goes to the finished goods inventory as goods manufactured in the period.The $432000 is calculated thus:

Opening Work-in-Process $68000

Manufacturing costs $450000

Closing Work-in-Process <u>($86000)</u>

Finished goods <u>$432000</u>

8 0

3 years ago