________ Are Measures of Various Characteristics of the People Who

question 13

Multiple Choice

________ are measures of various characteristics of the people who make up groups or other social units.

• A)Psychographics
• B)Demographics
• C)Domain selections
• D)Lifestyle analytics
• E)Group dynamics

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Definitions:

Variable Cost

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

Fixed Costs

Expenses that do not change with the level of production or sales in the short term, such as rent, salaries, and insurance.

Break-even Point

The point at which total costs and total revenues are equal, resulting in no net loss or gain.

Property Taxes

Taxes paid by property owners to local governments based on the assessed value of their property.