Which of the Following Is an Example of a Failed

question 9

Multiple Choice

Which of the following is an example of a failed state?

• A)A state that suffers an industrial slump
• B)A state that changes its flag to reflect a new leader
• C)A state that experiences a major debt crisis
• D)A state whose central government collapses

---

Definitions:

Fixed Costs

Overheads like rent, salaries, and insurance that stay the same, irrespective of how much is produced or sold.

Break-Even

The point at which total costs equal total revenues, resulting in no net loss or gain for a business.

Variable Cost

Costs that vary directly with the level of production or volume of output.

Fixed Costs

Costs that do not change with the level of production or sales, such as rent, salaries, and insurance premiums, providing a basis for operational planning.