We Generally Associate a Color with Its Purest,most Intense State,or

question 20

Multiple Choice

We generally associate a color with its purest,most intense state,or its highest level of ________.

• A) value
• B) tint
• C) contrast
• D) saturation
• E) grayscale

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Definitions:

Monetary Outlay

The amount of money spent on a particular transaction or investment.

Implicit Costs

The opportunity costs that arise when a company uses internal resources without a direct payment.

Explicit Costs

Direct payment made to others in the course of running a business, such as wages, rent, and materials.

Accounting Profits

The net income of a company determined by subtracting total expenses from total revenues, according to generally accepted accounting principles.