Which of the Following Was a Small Village in the 1960s

question 111

Multiple Choice

Which of the following was a small village in the 1960s and is now a thriving world city?

• A)Dubai
• B)Abu Dhabi
• C)Jeddah
• D)Muscat
• E)Manama

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Definitions:

Fixed Costs

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

Production Output

The quantity of goods and services produced by a company or sector over a specified period.

Fixed Costs

These are business expenses that do not vary with the level of goods or services produced, such as rent, salaries, and insurance.