Giannini Incorporated, which produces and sells a single product, has provided the following contribution format income statement for March: Sales (5,500 units) $ 297,000 Variable expenses 165,000 Contribution margin 132,000 Fixed expenses 105,300 Net operating income $ 26,700 Required: Redo the company's contribution format income statement assuming that the company sells 5,700 units. (Do not round intermediate calculations.)

The interaction of individual choices because a type of fish is on the verge of extinction, the government imposes rules that prohibit fishing in the publicly owned spawning grounds. at first owners of fshing bouts complain about this restriction on where they can fish, but soon they notice that the number of adult fish swimming outside the protected area is much higher than it was before. with the restriction, each fishing boat ends up catching more fish than it did before the r which of the following principles of economic interaction best describes this scenario? o there is a tradeoff between equality and efficiency o markets usually lead to efficiency. o when markets do not achieve efficiency,government intervention can improve overall welfare o markets allocate goodseffectively