Answer:
Income = $30,000
Explanation
<em>Whenever a company is faced with a limiting factor i.e a resource in short supply, the company should allocate the resource to the product </em><u><em>with he highest contribution per unit of the scare resource</em></u>
Product Cont/unit machine hr /unit cont/hr Ranking
A $8 2 hrs $4/hr 2nd
B $18 3 hrs $6/hr 1st
<em>Hence the company should allocate the resource to the product B</em>
<em>Hence the total contribution</em>
= 5000 hrs × $6 per hr.
= $30,000
Income = $30,000
Um it’s probably Primary group but if I’m wrong sorry
The MR = MC rule C. applies only to pure monopoly.
<h3>What is monopoly?</h3>
It should be noted that monopoly simply means the only seller of a good to service in the market.
In this case, the MR = MC rule applies only to pure monopoly.
In conclusion, the correct option is C.
Learn more about monopoly on:
brainly.com/question/13113415
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Answer:
b. $3,000
Explanation:
Jed was refused payment of $5000, the court awarded only $2000, rest $3000 is a loss for Jed. He can only deduct $3000 and not full $5000 as $2000 has been realized.
Therefore, The amount of loss may Jed deduct in the current year is $3,000.
It can affect the company's ability to get a lending (borrow money). It can also affect the chances of finding an investor.
