Braun computer company sells computers with an unconditional right to return the computer if the customer is not satisfied. braun has a long history selling these computers under this returns policy and can provide precise estimates of the amount of returns associated with each sale. braun most likely should recognize revenue:

a. when braun delivers a computer to a customer, ignoring potential returns.
b. when braun delivers a computer to a customer, in an amount that is reduced by the expected returns.
c. when a customer returns a computer.
d. when braun receives cash from the customer.

1. which one of the following would be an example of a supply-side market failure? a. a gas station is slowly leaking diesel fuel from its underground tanks, and after the leak is discovered, the business immediately cleans up the pollution at its own expense. b. a gas station is slowly leaking diesel fuel from its underground tanks, but the state uses taxpayer money to clean up the pollution rather than requiring the business to pay. c. your business wants to attract repeat customers by putting on a customer-appreciation picnic at a public park, but you decide not to because you couldn't prevent noncustomers from consuming the food and entertainment you provided. d. everyone rushes to the local retail outlet at midnight on the day of the release of a new video game console, and the store runs out before everyone is able to buy one.