When the Second Continental Congress Met in 1775

question 14

Multiple Choice

When the Second Continental Congress met in 1775

• A) its members felt a strong desire for independence.
• B) it cut off communications with the British government.
• C) it continued to stall on the creation of an army and navy.
• D) there was no well-defined sentiment for independence.
• E) the conservative element was weakened.

---

Definitions:

Sunk Cost

A cost that has already been incurred and cannot be recovered, and hence should not influence future business decisions.

Sunk Cost

Costs that have already been incurred and cannot be recovered or reversed.

Model 240 Machine

A hypothetical or specific name for a machine, possibly denoting a particular model or type used in manufacturing or industrial settings.

Contribution Margin

The amount of revenue remaining after deducting variable costs, available to cover fixed costs and contribute to profits.