In 2013, Teller Company sold 3,000 units at $400 each. Variable expenses were $280 per unit, and fixed expenses were $160,000. What was Teller's 2013 net income?

_____ compete on the basis of low prices, high turnover, and high volume

a. Discount stores b. Convenience stores c. Drugstores d. Supermarkets

Which of the following refers to the trend of media organizations shifting toward a multiple-format approach to producing and distributing content?

A) media convergence B) media acquisitions C) media connectors D) mediated communication E) media gatekeeping