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.
Answer:
$10,800
Explanation:
The computation of effect on the quantity factor is shown below:-
Actual variable cost = 18,000 × $5
= $90,000
Planned variable cost = 16,000 × $5.40
= $86,400
Total change in contribution margin = Actual variable cost - Planned variable cost
$90,000 - $86,400
= $3,600
Change in quantity = 18,000 - 16,000
= 2,000 units
Effect on the quantity factor = Change in quantity × Cost per unit
= 2,000 units × $5.40
= $10,800
A monopolist maximizes profits at the output at which marginal revenue equals marginal cost.
<h3>Who is a monopolist?</h3>
It should be noted that a monopolist simply means an individual that controls the sale of a particular good in the market.
In this case, a monopolist maximizes profits at the output at which marginal revenue equals marginal cost.
Learn more about monopolist on:
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Answer:
.E) A partner can commit or bind the partnership in any contract within the scope of the partnership business.
Explanation:
.E) A partner can commit or bind the partnership in any contract within the scope of the partnership business.
Mutual agency means that rights of all partners and authority committed or bind the partnership in any contract representing the business operations.
Any partner can act on behalf of the others and acts of each of the partners is binding for all the partners.
Choices A, B ,D are all characteristics of partnership but not mutual agency.