A ________ Is a Device Used to Indicate Whether There

question 24

Multiple Choice

A ________ is a device used to indicate whether there is a continuous path for current flow in an electrical circuit or electrical device.

• A) receptacle
• B) switch
• C) continuity tester
• D) voltage tester

---

Definitions:

Production Plant

A facility or set of facilities where goods are manufactured or assembled primarily from raw materials.

Economic Profit

The return flowing to those who provide the economy with the economic resource of entrepreneurial ability; the total revenue of a firm less its economic costs (which include both explicit costs and implicit costs); also called “pure profit” and “above-normal profit.”

Accounting Costs

The explicit costs of running a business, such as wages, rent, and materials, recorded in the financial statements.

Total Revenue

The total amount of money received by a firm from sales of its products or services before any expenses are subtracted.