Which One of the Following Men Established the First Textile

question 44

Multiple Choice

Which one of the following men established the first textile factory using water-powered spinning machines in Rhode Island in 1790?

• A)Samuel Slater.
• B)Richard Arkwright.
• C)Eli Whitney.
• D)Samuel Newcomen.
• E)John Brown.

---

Definitions:

Relevant Range

The range of activity within which the assumptions about fixed and variable cost behaviors hold true for a specific business.

Curvilinear Costs

Costs that change with the level of output or activity in a non-linear relationship, displaying variances in the cost per unit at different production volumes.

Break-even Analysis

A calculation that determines when an investment will reach a financial break-even point.

Margin of Safety

The difference between actual or projected sales and the break-even point, indicating the level of risk in missing sales projections.