A Banana Split Is an Example of

question 178

Multiple Choice

A banana split is an example of

• A)a compound.
• B)an element.
• C)a heterogeneous mixture.
• D)a homogeneous mixture.

---

Definitions:

Profit

The financial gain realized when the revenue earned from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Marginal Revenue

The additional revenue that a firm receives from selling one more unit of a good or service.

Marginal Cost

The extra expense resulting from the manufacture of an additional unit of a product or service.

Competitive Price-Taker

A market participant who cannot influence the price on the market but instead must accept the prevailing market price.