Which of the Following Was Designed by the Framers to Be

question 59

Multiple Choice

Which of the following was designed by the framers to be an office directly elected by the people?

• A) member of the House of Representatives
• B) senator
• C) president
• D) federal court judge
• E) vice president

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Definitions:

Contribution Margin

The difference between the sales revenue of a product and its variable costs, indicating how much contributes to covering fixed costs and generating profit.

Unprofitable Segment

An unprofitable segment is a division or part of a business that consistently generates losses instead of profits.

Net Income

The total profit of a company after all expenses and taxes have been subtracted from total revenue.

Fixed Costs

Expenses that do not change in proportion to the level of goods or services produced within a certain period.