All of the Following Are Qualifications to Be the President

question 12

Multiple Choice

All of the following are qualifications to be the president of the United States except he or she must

• A) be at least thirty-five years old.
• B) ​have served in a branch of the military.
• C) ​have been a resident of the United States for at least fourteen years.
• D) ​be a natural-born citizen of the United States.

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Definitions:

Selling Prices

The amount a customer pays to purchase a product or service from a seller.

Variable Costs

Expenses that vary with the amount of output or sales.

Fixed Costs

Expenses that do not change in proportion to the activity of a business, such as rent or salaries.

Break-Even Point

The level of production or sales at which total revenues equal total expenses, resulting in neither profit nor loss.