Examlex

Solved

Which of the Following Is NOT a Change Created by Industrialization

question 13

Multiple Choice

Which of the following is NOT a change created by industrialization?


Definitions:

Break-even Point

The point at which total revenues equal total costs, and the business makes neither a profit nor a loss.

Margin Of Safety

The difference between actual or expected sales and the break-even point, indicating the amount by which sales can drop before losses begin.

Volume Of Sales

The total quantity of goods or services sold by a company within a specific period.

Break-even Point

The level of production or sales at which total revenues equal total expenses, resulting in neither profit nor loss.

Related Questions