Use the Following to Answer Questions

question 6

Multiple Choice

Use the following to answer questions:
Figure: Oil
-(Figure: Oil) Compared with producing the 20 millionth barrel of oil, the cost of producing the 40 millionth barrel of oil is:

• A) $40 lower.
• B) $40 higher.
• C) approximately the same.
• D) $80 higher.

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Definitions:

Global Businesses

Companies that operate and conduct transactions across multiple countries around the world.

Fraud Reduction

Initiatives and strategies aimed at minimizing the incidence of deception, typically to prevent financial losses.

Federal Programs

Initiatives or services provided by the federal government to achieve certain policy objectives or provide public services.

Corporate Social Responsibility

The concept that corporations can and should act ethically and be accountable to society for their actions.