Which of the Following Statements Is True About Christopher Columbus

question 30

Multiple Choice

Which of the following statements is true about Christopher Columbus and his explorations?

• A) His goal was to discover new lands.
• B) Like many early explorers, Columbus thought the Earth was flat.
• C) One of Columbus' biggest mistakes is that he estimated the Earth to be only about half of its true size.
• D) He was the first explorer to see the mainland of North America.

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Definitions:

Fixed Costs

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

Variable Costs

Costs that change in proportion to the level of production or business activity.

Variable Overhead

Variable overhead refers to costs that fluctuate with production levels, such as utilities and raw materials, unlike fixed overhead costs which remain constant regardless of production volume.

Fixed Overhead

Regular, consistent expenses not directly tied to production levels, such as rent, salaries, and insurance.