An example of a market failure is a. when there is an increase in gasoline demand and a shortage develops. b. a firm is dumping toxic waste that is making people sick. c. when not everyone who wants to see a major league football game can. d. when the market prices of some vehicles are too high for some buyers.

On february 3, smart company sold merchandise in the amount of $5,800 to truman company, with credit terms of 2/10, n/30. the cost of the items sold is $4,000. smart uses the perpetual inventory system and the gross method. truman pays the invoice on february 8, and takes the appropriate discount. the journal entry that smart makes on february 8 is:

What are six resources for you decide which type of business to start and how to start it?

Gwen, a manager at exude apparels inc., received a message from a customer requesting a replacement for a purchased pair of shoes. exude apparels has a clearly stated no-return policy. gwen responded to the customer denying the request in a tactful and clear manner. despite this, the customer submitted a second request. in this scenario, which of the following is an appropriate response to the second request?