Which of the Following Was NOT One of the Consequences

question 111

Multiple Choice

Which of the following was NOT one of the consequences of the adoption of snowmobiles?

• A) a deep dependence on the outside world for snowmobiles,spare parts,and fuel
• B) out-migration of Skolt men to find wage work
• C) reliance on government pensions and welfare
• D) a more egalitarian society with an emphasis on sharing resources

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Definitions:

Fixed Costs

Expenses that do not change in the short term, regardless of the level of production or sales activity, such as rent or salaries.

Variable Costs

Costs that vary directly with the level of production or sales, such as materials and labor.

Breakeven Point

The point at which total cost and total revenue are equal, meaning no net loss or gain, and the business is not making a profit.

Price Ceiling

A government-imposed limit on the price charged for a product, to ensure that it remains affordable for consumers.