The Essential Purpose of President Kennedy's Promise to Land a Man

question 26

Multiple Choice

The essential purpose of President Kennedy's promise to land a man on the moon by the end of the 1960s was to

• A) restore American prestige in the space race damaged by the Soviets' Sputnik.
• B) develop the possibility of deploying American weapons in outer space.
• C) engage in scientific and astronomical study of the moon and the solar system.
• D) provide investments and jobs in the key states of Texas and Florida.
• E) use the space program to develop new technologies in electronics and other areas.

---

Definitions:

Fixed Costs

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance premiums.

Variable Costs

Expenses that change in proportion to the activity of a business, such as raw material and labor costs.

Accounting Profit

The total revenue of a business minus the explicit costs and depreciation expenses, reflecting the net income on the financial statements.

Variable Costs

Costs that vary directly with the level of production or the volume of services provided.