Answer and Explanation:
In the absence of sufficient information about the expenses and other factors, which related to money, we have to consider market price as the value of shrimp.
The value of Shrimp is $10,700 per ton because, In this scenario, we have only market rate to consider the value of shrimp.
Therefore $10,700 is the price of 1-ton shrimp.
Direct materials and direct labor are each manufacturing prices.
Production is the production of goods through the use of labor, machinery, equipment, and biological or chemical processing or components.
As an example, bakeries, sweet stores, and custom tailors are taken into consideration in manufacturing, because they invent merchandise out of additives. alternatively, logging and mining are not considered production, because they do not change the best into a brand new product.
Production of goods in big quantities after processing from raw materials to more treasured merchandise is referred to as production. example: Paper is a product of wood, sugar from sugarcane, iron and metallic from iron ore, and aluminum from bauxite. number one goods are manufactured and emerge as completed goods.
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The answer for this is Letter D.
<span>An expert in economics says that when the net benefits of
all economic businesses are maximized it means the distribution of resources is
effective and achieved but there must be one condition to be considered, market’s
allocation should be competitive or well functioned.</span>