Which of the Following Statements Is Typically Not True About

question 60

Multiple Choice

Which of the following statements is typically not true about profit?

• A) Profit is the basic reward for risk taking as well as the reward for efficiency
• B) A higher profit per unit is generally justified for small special orders
• C) Products and services requiring highly technical personnel usually require higher profit
• D) Per unit profit is generally lower for complex products that require special tooling and training to produce
• E) A higher profit is generally justified for a firm that repeatedly turns out superbly reliable technical products

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Definitions:

Overriding Plate

The tectonic plate that sits above another plate at a convergent boundary, often responsible for mountain building and volcanic activity.

Ocean-Continent Convergent Boundary

A plate-tectonic boundary where an oceanic plate converges with a continental plate, generally expressed by subduction of the oceanic plate beneath the continent.

Flexing

The act of bending or tensing a material or muscle, often referring to the way earth's crust might bend under certain geological forces.

Thinning of the Lithosphere

The reduction in thickness of the lithosphere, often occurring in response to tectonic processes such as stretching and rifting.