Pamela cantu operates a school foodservice department in a small, rural community. she feeds approximately 1,000 students per day in three different locations. she receives an average of $1.20 in revenues per meal. her budget, set at the beginning of the school year by the superintendent, is developed in such a way that a small amount is to be reserved for future equipment purchases and dining-room renovation. these funds are available, however, only if pamela meets her budget. she hopes to use this year's reserve (profit) to buy a $5,000 refrigerated salad bar for the high school. because it is the midpoint of her school year, her determine her "performance to budget" thus far (fill in all blanks).

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.