Concord Corporation incurs the following costs to produce 11000 units of a subcomponent: Direct materials $9240 Direct labor 12430 Variable overhead 13860 Fixed overhead 16200 An outside supplier has offered to sell Concord the subcomponent for $2.85 a unit. If Concord accepts the offer, by how much will net income increase (decrease)? $4180 $(9680) $20380 $(3190)

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1. which one of the following would be an example of a supply-side market failure? a. a gas station is slowly leaking diesel fuel from its underground tanks, and after the leak is discovered, the business immediately cleans up the pollution at its own expense. b. a gas station is slowly leaking diesel fuel from its underground tanks, but the state uses taxpayer money to clean up the pollution rather than requiring the business to pay. c. your business wants to attract repeat customers by putting on a customer-appreciation picnic at a public park, but you decide not to because you couldn't prevent noncustomers from consuming the food and entertainment you provided. d. everyone rushes to the local retail outlet at midnight on the day of the release of a new video game console, and the store runs out before everyone is able to buy one.