A Firm Has Contracted to Supply 500,000 Gallons of Propane

question 84

Multiple Choice

A firm has contracted to supply 500,000 gallons of propane fuel for $1.49 million to the local municipality.The municipality wants to break the contract.What does the minimum current market price of propane need to be in order for the firm to benefit from breaking the contract?

• A)greater than $2.97 per gallon
• B)greater than $2.98 per gallon
• C)greater than $2.99 per gallon
• D)greater than $3.00 per gallon

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Definitions:

Listening

Monitoring and analyzing conversations and trends on social media and the internet to gather insights.

Campaigns

Organized efforts to achieve specific objectives, often within marketing, political, or social activism contexts.

Customer Messages

Communication from a business to its customers, tailored to meet their needs and inquiries.

Self-Employed

A status where an individual works for themselves, rather than an employer, and is responsible for their own business.