MATCHING Match Each Item with the Correct Description Below

question 21

Multiple Choice

MATCHING
Match each item with the correct description below.

-Use of English language to form a term

• A)Terms built from word parts
• B)Terms not built from word parts
• C)Acronym
• D)Modern language
• E)Eponym
• F)Greek and Latin

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Definitions:

Fixed Costs

Expenses that do not change with the level of production or business activity within a certain range or period.

Short-Run Marginal Cost Curve

A graph that shows the cost of producing one more unit of a good or service in the short term, when some factors of production are fixed.

Optimal Level

The most efficient, effective, or desirable point or degree in a process, situation, or system.

Leases

Legal agreements that allow for the use of property or equipment for a specified time in exchange for payment.