What Happened in 1923 That Changed the Way Information About

question 41

Multiple Choice

What happened in 1923 that changed the way information about news and politics was communicated to the American people?

• A) The telegraph system was expanded.
• B) The first radio station was established.
• C) The television was invented.
• D) The telephone was invented.

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Definitions:

Variable Costs

Costs that vary in proportion to the level of activity or volume of production in a business.

Break-even Point

The break-even point is the point at which total costs and total revenues are equal, meaning the business is neither making a profit nor a loss.

Variable Costs

Costs that change directly and proportionately with the level of production or business activity.

Break-even Point

The level of sales at which total revenues equal total costs, resulting in no profit or loss.