Which of the following is more concerned with how a particular product category is selling rather than a particular brand?

When supply of a product is artificially limited by an import quota, a producer receives extra profit that is known as _____.

Fill in the blank(s) with the appropriate word(s).

Clemente Inc. incurs the following costs to produce 10,000 units of a subcomponent:

Direct materials $8,400 Direct labor 11,250 Variable overhead 12,600 Fixed overhead 16,200 An outside supplier has offered to sell Clemente the subcomponent for $2.85 a unit. If Clemente accepts the offer, it could use the production capacity to produce another product that would generate additional income of $3,600. The increase (decrease) in net income from accepting the offer would be a) $150. b) $(3,600). c) $7,350. d) $(150).