Which of the Following Would Be an Example of the Value

question 51

Multiple Choice

Which of the following would be an example of the value of water's heat capacity?

• A) Water is able to travel up a 100 foot tree.
• B) Water expands as it freezes causing ice to float on the surface of a lake.
• C) Living organisms are better able to maintain their internal body temperature because the temperature of their environment changes very slowly.
• D) Small insects can walk on water.
• E) Ice cubes float.

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Definitions:

Sales

The transactions involved in selling goods or services in the normal course of business, generating revenue for the company.

DOL

Degree of Operating Leverage; a measure of a company's fixed costs as a percentage of its total costs, indicating how earnings before interest and taxes (EBIT) change in response to a change in sales volume.

Contribution Margin

The amount of revenue remaining after deducting variable costs, used to cover fixed costs and generate profit.

Variable Cost

Expenses that vary depending on the amount of products or services a company generates.