Marcus Recently Began Taking a Night Class at the Community

question 4

Multiple Choice

Marcus recently began taking a night class at the community college - thirty years after he graduated from high school.Why is Marcus likely taking the class?

• A)because he wants to better himself
• B)because he enjoys learning new things
• C)because his job requires new knowledge
• D)because his cognitive skills need a boost

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Definitions:

Variable Costs

Expenditures that fluctuate in alignment with the amount of goods produced or sold, including direct labor costs and raw materials.

Fixed Costs

Costs that do not fluctuate with the level of production or sales, such as rent and salaries.

Revenue

The total amount of money received by a company for goods sold or services provided during a certain time period.

Break-even Units

The number of units a company must sell to cover all its costs, with no profit or loss.