If You Observe Large Raindrops Hitting the Ground,you Could Probably

question 48

Multiple Choice

If you observe large raindrops hitting the ground,you could probably say that the cloud overhead was ____ and had ____ updrafts.

• A) thick,weak
• B) thick,strong
• C) thin,weak
• D) thin,strong

---

Definitions:

Fixed Cost

Costs that do not change with the level of production or business activity, such as rent, salaries, and insurance.

Present Value

The current worth of a future sum of money or stream of cash flows given a specified rate of return.

Interest Rate

The amount charged by a lender to a borrower for the use of assets, expressed as a percentage of the principal.

Break-Even Point

The point at which total costs and total revenue are equal, resulting in no net loss or gain.