The Manager of a Small Gasoline Station Observes That While

question 197

Multiple Choice

The manager of a small gasoline station observes that while gasoline sales have been steady, the service side of the business has declined, and mechanics are often idle. He decides to offer a promotion-a $20 off coupon for an oil change that is to be mailed to 800 households within a two-mile radius from the gas station. The cost of printing and mailing is $1,000. The normal cost of an oil change is $40. Materials and labor per oil change costs $15. If 200 customers use the coupon, what will be the total profit of the promotion based on the profit equation?

• A)-$4,000
• B)-$1,000
• C)$0
• D)$1,000
• E)$4,000

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Definitions:

Ethnic Groups

Communities or populations sharing common cultural attributes, ancestry, language, history, and often geographic origin.

Asian American

A person of Asian ancestry or descent, living in the United States, and often referring to a diverse group with varying cultural, linguistic, and religious backgrounds.

Filial Piety

A virtue of respect for one's parents and ancestors in many cultures, particularly prominent in Confucian philosophy.

Younger Generation

Refers to the group of individuals who are significantly younger in age compared to another specified group, often implying recent or innovative perspectives.