Arrange the Following Events in Chronological Order: (A)fighting at Lexington

question 137

Multiple Choice

Arrange the following events in chronological order: (A) fighting at Lexington and Concord,(B) convening of the Second Continental Congress,(C) publication of Common Sense,and (D) adoption of the Declaration of Independence.

• A) B, C, A, D
• B) A, B, C, D
• C) A, C, D, B
• D) C, D, A, B
• E) A, B, D, C

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Definitions:

Break-even Point

The point at which total revenues equal total costs, resulting in no net loss or gain for the business.

Fixed Costs

Costs that do not vary with the volume of production or sales, such as rent, salaries, and insurance, providing stability to a company's expense structure.

Variable Costs

Expenses that vary directly with the volume of production or sales.

CVP Graph

A Cost-Volume-Profit (CVP) graph visually represents the relationship between costs, volume of production, and profit.