Table: Constant Cost Industries As of July 2011, Oil Companies Had a 6

question 5

Multiple Choice

Table: Constant Cost Industries $\begin{array}{lrrrrrrrr}\hline \text { Aerospace/Defense- } & & & & & & & & \\\text { Major Diversified } & -0.43 & 8307.3 \mathrm{~B} & 10.30 & 18.80 & 3.43 & 62.27 & -6.30 & 7.00\\\text { Industrial Electrical }\\\text { Equipment } & 1.79 & 148.3 \mathrm{~B} & 22.50 & 13.20 & 1.49 & 37.38 & 7.54 & 6.90 \\\text { REIT-Office } & 0.68 & 49.9 \mathrm{~B} & 106.50 & 2.50 & 3.75 & 118.29 & 1.94 & 6.70 \\\text { Electric Utilities } & 0.78 & 9229.9 \mathrm{~B} & 18.40 & 6.10 & 3.69 & 148.53 & 1.18 & 6.70\\\text { Aerospace/Defense }\\\text { Products \& Services } & 1.01 & 242.3 \mathrm{~B} & 15.10 & 23.60 & 2.04 & 127.30 & -36.94 & 6.60 \\\text { Publishing- } & & & & & & & & \\\text { Newspapers } & -0.42 & 2663.0 \mathrm{~B} & 9.50 & 17.70 & 0.70 & 100.59 & -2.30 & 6.50\\\text { Packaging \& } & & & & & & & & \\\text { Containers } & -0.36 & 708.7 \mathrm{~B} & 16.60 & 21.10 & 1.63 & 105.25 & 20.40 & 6.50 \\\text { Office Supplies } & 1.38 & 1.0 \mathrm{~B} & 7.00 & 4.50 & 2.19 & 26.96 & 3.27 & 6.50 \\\text { Major Integrated } & & & & & & & & \\\text { Oil \& Gas } & 1.06 & 41049.6 \mathrm{~B} & 12.30 & 15.00 & 3.30 & 38.41 & 1.99 & 6.50\\\text { Farm \& Construction }\\\text { Machinery } & 1.52 & 5229.1 \mathrm{~B} & 21.10 & 19.40 & 1.37 & 225.22 & 6.17 & 6.50 \\\text { Sporting Activities } & 2.05 & 4.1 \mathrm{~B} & 23.20 & 5.50 & 1.30 & 52.96 & 1.85 & 6.40 \\\text { Home Health Care } & 1.00 & 6.8 \mathrm{~B} & 14.80 & 13.30 & 1.79 & 51.11 & -8.16 & 6.30\\\text {Movie Production, }\\\text { Theaters}&1.88 & 8.9 \mathrm{~B} & 19.10 & 20.70 & 5.33 & 192.97 & 36.91 & 6.20 \\\text {Chemicals- }\\\text {Major Diversified }&1.95 & 12157.8 \mathrm{~B} & 21.70 & 16.30 & 1.91 & 69.91 & 7.87 & 6.20 \\\end{array}$ As of July 2011, oil companies had a 6.5 percent profit margin (for each dollar of sales, 6.5 cents was profit) , ranking 131 (profit margin is the far right column) . Other industries making the same profit margin include packaging and containers, office supplies, farm and construction, and newspapers. If these profits are typical, what does this similar profit margin across very different industries suggest about oil companies' profits?

• A) They are making zero profits.
• B) They are making above-average profits and should expect entry.
• C) They are making above-average profits and should expect no entry or exit.
• D) Nothing because it is the total profits that matter, not profits per dollar of sales.

Recognize the differences between various types of punishment and their intended effects, such as special deterrence, probation, and cruel and unusual punishments.

Grasp the significance of legal standards such as reasonableness in judicial decisions, including sentencing and appeals.

Understand the protections against self-incrimination and the rights to free speech and privacy under the U.S. Constitution.

Understand the significance of the surface area-to-volume ratio in cell biology and its influence on cell size and function.

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Definitions:

Internalizing Disorders

A category of mental health disorders characterized by internal struggles, such as depression or anxiety, where symptoms are primarily directed inward.

Externalizing Disorders

Behaviors that are directed outwardly, typified by aggressive, disruptive, or noncompliant actions, often seen in childhood and adolescence.

Binge-Eating Disorder

A serious eating disorder characterized by recurrent episodes of eating large quantities of food very quickly and to the point of discomfort, with a feeling of a loss of control during the binge.

Binge

The excessive indulgence in an activity or consumption, such as eating or drinking, over a short period of time.