Which of the Following Was Essential to Harappan Economic Power

question 47

Multiple Choice

Which of the following was essential to Harappan economic power?

• A) Control of salt deposits in the Indus River basin
• B) Control of the extraction and trade of gemstones
• C) Control of navigational techniques used by sailors along the Indian Ocean coast
• D) Control of trade routes through northern India

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Definitions:

Margin Of Safety

Indicates the possible decrease in sales that may occur before an operating loss results.

Variable Costs

Costs that change in proportion to the level of activity or production volume.

Fixed Costs

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance premiums, remaining constant regardless of activity levels.

Break-Even Point

The juncture where the cumulative expenses equal total income, yielding neither a profit nor a loss.