Match Each Description with the Item Below

question 2

Multiple Choice

Match each description with the item below.
-Warren
G. Harding

• A)was a politician who, while campaigning, promised a return to "normalcy" and went on to succeed Woodrow Wilson
• B)was the New York nurse and midwife in the working-class tenements of Manhattan who observed many young mothers struggling to provide for their growing families
• C)hosted a cultural salon in Paris that became a gathering place for American and European modernists
• D)was the first African American to enroll at Barnard College, positioned herself at the center of the Harlem Renaissance, and became an anthropologist, folklorist, and novelist
• E)became the director of publicity and research for the National Association for the Advancement of Colored People and editor of its journal, The Crisis
• F)was an athlete who was especially popular with working-class men because he had been born poor and lived for years wandering in search of work
• G)developed an affordable automobile for the masses and developed a production model that other automakers would go on to adopt
• H)was the leader of black nationalism and racial solidarity whose message most appealed to poor blacks in northern cities

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Definitions:

Fixed Costs

Expenses that do not change with the level of goods or services produced by a business, such as rent, salaries, or insurance premiums.

Break-Even Quantity

The amount you need to sell to at least break even (make zero profit). The formula (assuming that you can sell all you want at price and with constant marginal cost) is Q = F/(P - MC), where F is fixed costs, P is price, and MC is marginal cost.

Zero Profits

Zero profits, or normal profit, occur when a company's total revenues exactly match total costs, leaving no net profit or loss.

Net Present Value

A financial metric that calculates the difference between the present value of cash inflows and outflows over a period of time.