-An Ohmmeter Should ________

question 42

Multiple Choice

-An ohmmeter should ________.

• A)be inserted into the circuit so the current flows through it
• B)have the polarity carefully checked before its use
• C)be connected across a circuit with the power on
• D)be placed across the resistor after the resistor has been disconnected from the circuit

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Definitions:

Fixed Costs

Costs that do not change with the level of production or sales over a certain range and period, such as rent, salaries, and insurance premiums.

Unit Contribution Margin

The amount by which the selling price of a unit exceeds its variable costs, contributing to covering fixed costs and generating profit.

Selling Price

The amount for which a product or service is sold to the customer, determined by factors like cost, market demand, and competitive pricing.

Margin Of Safety

The difference between actual sales and sales at the break-even point. It measures the extent to which sales can decline before a business incurs a loss.