Match Each Term with the Correct Statement Below

question 36

Multiple Choice

Match each term with the correct statement below.
-Area you put between yourself and others in order to feel comfortable.

• A)gender-neutral language
• B)tactile communication
• C)facts
• D)information overload
• E)personal space
• F)receiver
• G)sender
• H)message
• I)colloquialism
• J)selective listening

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Definitions:

Breaking Even

The situation in which a firm is earning exactly a normal rate of return.

Economic Profit

This refers to the surplus remaining after subtracting both visible and hidden costs from total revenues, highlighting a firm's genuine financial gain.

Annual Profit

Annual profit refers to the total profit a business earns over the course of a fiscal year, accounting for all revenues minus expenses during that period.

Variable Costs

Costs that vary directly with the level of production or service activity, such as materials and labor.