The Advantage of the Caravel Was That It Was

question 11

Multiple Choice

The advantage of the caravel was that it was

• A) fast.
• B) maneuverable.
• C) a good fighting ship.
• D) armed with small cannons.
• E) all of these.

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Definitions:

Break-Even

The situation where overall costs are equivalent to overall revenues, resulting in neither gains nor losses.

Monthly

Referring to something that occurs, is measured, or is paid every month.

Dollar Sales

Total revenue generated from the sale of goods or services, expressed in dollars.

Mixed Cost

A cost that contains both variable and fixed cost elements.