As part of a promotion campaign, funzy cereal includes one
coupon in each issue of various national magazines and offers a toy
car in exchange for $1.30 and two coupons. the cars cost funzy
$1.80 each. experience indicates that 40% of the coupons eventually
will be redeemed. during the last month of 2018, the first month of
the offer, 11.50 million coupons were distributed and 2.80 million
of the coupons were redeemed. what amount should funzy report as a
promotional expense for coupons on its december 31, 2018, income
statement?
multiple choice
$1,150,000.
$2,300,000.
$575,000.
$ 0.

Carrie works at a canned food production factory. the government wanted to give a boost to the salt industry, so it lined up numerous subsidies and tax exemptions for the sector. this lead to a decrease in production costs. this also meant that consumers could access canned foods at a lower price, which lead to an increase in demand for the product. which kind of economic system is carrie’s company dealing with? carrie’s company is dealing with a/an economy.

Which of the following is considered part of a country’s infrastructure?

The new york times (nov. 30, 1993) reported that “the inability of opec to agree last week to cut production has sent the oil market into turmoil . . [leading to] the lowest price for domestic crude oil since june 1990.” why were the members of opec trying to agree to cut production? so they could save more oil for future consumption so they could lower the price so they could raise the price why do you suppose opec was unable to agree on cutting production? because each country has a different production capacity because each country experiences different production costs because each country has an incentive to cheat on any agreement the newspaper also noted opec’s view “that producing nations outside the organization, like norway and britain, should do their share and cut production.” what does the phrase “do their share” suggest about opec’s desired relationship with norway and britain? opec would like norway and britain to keep their production levels high. opec would like norway and britain to act competitively. opec would like norway and britain to join the cartel.