The Point at Which the Number of Units Sold Generates

question 10

Multiple Choice

The point at which the number of units sold generates enough revenue to equal the total costs of running an operation is known as the:

• A) break-even point.
• B) fixed cost margin.
• C) contribution per unit.
• D) unit cost.
• E) marginal revenue.

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Definitions:

Permanent Settlement

A term often associated with the agreement made by the British with landlords in colonial India, fixing revenues to be raised from land, making the landlords intermediaries between the farmers and the colonial government.

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An archipelago situated in the Atlantic Ocean, known for its picturesque beaches, clear waters, and vibrant culture; a sovereign country.

1492

The year notable for Christopher Columbus's first voyage to the Americas, marking the beginning of European exploration and colonization.

Martin Luther

A German monk, theologian, and key figure in the Protestant Reformation, who challenged the practices of the Roman Catholic Church with his 95 Theses.