Which of the Following Drinks Contains Approximately 2 Ounces of Alcohol

question 33

Multiple Choice

Which of the following drinks contains approximately 2 ounces of alcohol?

• A) 3-ounces of liquor
• B) 5-ounces of wine
• C) 12-ounces of wine cooler
• D) 12-ounces of beer

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Definitions:

Total Output

The combined quantity of production or services produced by an entity in a given period.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent, salaries, and insurance.

Variable Costs

Expenses that change in proportion to the activity of a business, such as materials and labor.

Marginal Cost

The incremental cost involved in creating an extra unit of a product or service.