Answer:
Hence , product 1 should be allocated the shelf space
Explanation:
<em>Whenever a company is faced with a situation of large shortage in resources, To maximize the use of the resource in short supply the business should allocate the resource to the product that maximizes the contribution per unit of the scare resource.</em>
For example, the resource in short supply here in the question is the shelf space , <em>hence the contribution per shelf should be used to decide how to allocate the available shelf space to the product.</em>
<em>Product 1 gives a contribution per unit of shelf space of $2000 which is higher by $800 that of product 1. </em>
Hence , product 1 should be allocated the shelf space
Answer:
A.Volunteering time
Explanation:
I just took the quiz and got it right.
The answer would be : B. Imputed Cost
Imputed cost are the cost that could not be identified directly. example of imputed cost is an opportunity cost that may arise if you choose an investment
Meanwhile , outlay costs are the one that can be identified in the past , present, or future, which mean imputed cost does not included in the outlay cost
