Answer:
The answer is "$7,630".
Explanation:
If we take into account that there are four weeks in a month, then
Joe's earnings can be calculated as:
= 
= 
($)
Zola's earnings can be calculated as:
= 
= 
= 
($)
Thus,
The total gross monthly income would be:
= 
= 
= 
($)
The solution to the question is 10.
The right answer is b. The output units sold totaled 8,000. The sales revenue reached $9,600,000. Variable costs stand at $6,000,000, with fixed costs amounting to $2,600,000. The product's price is $1,200. Average variable cost calculates to $750. Profit calculation results in TR - TC, hence Profit = $1,270,000 = $1,200Q - $750Q - $2,600,000. Resulting in $3,870,000 = $450Q, thus Q is 8,600 units.
