As Volume Changes, Which of the Following Items Do Not

question 63

Multiple Choice

As volume changes, which of the following items do not change?

• A)Total sales revenue
• B)Total variable costs
• C)Total fixed costs
• D)Total contribution margin

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Definitions:

National State

A political entity characterized by a defined territory, permanent population, government, and capacity to enter into relations with other sovereign states.

Sherman Antitrust Act

Passed in 1890, first law to restrict monopolistic trusts and business combinations; extended by the Clayton Antitrust Act of 1914.

Theodore Roosevelt

The 26th president of the United States, known for his progressive policies, conservation efforts, and leadership of the Rough Riders.

Western Railroads

The network of train lines established in the Western United States during the 19th and early 20th centuries, significant for their role in the expansion and development of the region.