The 2009 National Survey on Drug Use and Health Selected

question 26

Multiple Choice

The 2009 National Survey on Drug Use and Health selected a random sample of U.S.college students and asked them about illicit drug use.Approximately 23% of the students surveyed reported using illicit drugs in the past year.The population in this study is:

• A) U.S.college students.
• B) the 23% of the students who reported using illicit drugs.
• C) the college students who responded to the National Survey on Drug Use and Health.
• D) all U.S.adults.

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Definitions:

Fixed Costs

Costs that do not fluctuate with the level of production or sales, such as rent and salaries.

Revenue

The total amount of money received by a company for goods sold or services provided during a certain time period.

Break-even Units

The number of units a company must sell to cover all its costs, with no profit or loss.

Variable Costs

Expenses that vary directly with the level of production or sales volume, such as materials or labor directly involved in producing a product.