The Three-Fifths Compromise Was a Response to

question 51

Multiple Choice

The Three-Fifths Compromise was a response to

• A)conflict over the institution of slavery.
• B)the concerns of small states.
• C)apportionment in the U.S.Senate.
• D)the Electoral College.
• E)the demands of large states.

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Definitions:

Variable Costs

Expenses that change in proportion to the production output or sales amount.

Target Costing

A pricing strategy in which the selling price of a product is set first, and then the target cost is determined by subtracting a desired profit margin from the selling price.

Return on Investment

A performance measure used to evaluate the efficiency or profitability of an investment, calculated as net income divided by the cost of the investment.

Selling Price

The price at which a product or service is offered to customers, often determined by costs, market demand, and competition.