Why Do You Think Full-Service Gas Stations Have Largely Disappeared

question 180

Multiple Choice

Why do you think full-service gas stations have largely disappeared across the United States?

• A) because the government has issued a ban on such gas stations
• B) because of price controls on gasoline that were issued in 1973
• C) because consumers demanded that they should be allowed to pump gas themselves
• D) None of the answers are correct.

Understand the impact of costs on manufacturing and non-manufacturing environments.

Demonstrate knowledge of the role of depreciation in cost classification.

Identify costs associated with selling and administrative activities.

Identify direct materials, direct labor, and factory overhead costs.

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Definitions:

Non-Union Business

An organization or industry that does not have its employees represented by a labor union.

Wrongful Dismissal

The termination of an employee's contract of employment without just cause or in violation of the contract's terms.

Reasonable Notice

The adequate time or warning given in advance of an event or action, such as termination of employment, required by law or contract.

Damages Payable

Monetary compensation that a party is legally obligated to pay as a result of causing harm or loss to another party.