Distinguish Between Using Thematic Criteria and Empirical Order to Organize

question 43

Essay

Distinguish between using thematic criteria and empirical order to organize a table with an associated description. Provide an example.

---

Definitions:

Variable Costs

Expenses that change in proportion to the activity of a business, such as costs of goods sold or raw material expenses.

Break-Even Revenue

The amount of income needed to cover all operating expenses, with no profit or loss.

Fixed Costs

Expenses that do not change with the level of production or sales, such as rent or salaries.

Variable Cost

Costs that change in proportion to the good or service that a business produces.