Mambises Were

question 44

Multiple Choice

Mambises were

• A) peasants who cultivated small plots of plantation land in exchange for a share of the crop.
• B) secret societies that enabled Afro-Cubans to resist post-emancipation apartheid.
• C) racially integrated guerrilla units, composed of and commanded by Afro-Cubans.
• D) peasant women who provided food and intelligence to Cuba Libre, the liberation army.

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Definitions:

Setup Costs

The expenses incurred to prepare a machine, process, or system for manufacturing a new batch or product.

Variable Costs

Expenses that change in proportion to the level of business activity or production volume, such as materials and labor costs.

EMV

Stands for Expected Monetary Value, a concept in risk management used to calculate the average outcome when the future includes scenarios that may or may not happen.

Setup Costs

The expenses involved in configuring a production process or equipment before manufacturing a new batch or type of product.