First Manassas (The First Battle of Bull Run)was Important Because

question 67

Multiple Choice

First Manassas (the First Battle of Bull Run) was important because:

• A)the Northerners accomplished an easy victory, which guaranteed their triumph in the Civil War.
• B)the Union soldiers proved that they would never retreat from Southern aggression.
• C)it stripped both the northerners and southerners of their assumptions about an easy war.
• D)the Union used African American soldiers for the first time.
• E)it gave Lincoln the advantage he wanted before he issued the Emancipation Proclamation.

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Definitions:

Break-Even Point

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

Variable Expenses

Variable expenses change in proportion with business activity or production levels, such as raw materials costs, directly influenced by the volume of output.

Break-Even Point

The point at which total costs and total revenue are equal, meaning the business is not making a profit or a loss.

Net Loss

The amount by which expenses exceed revenues, indicating a negative profit.