Urban Flight Was Made Possible by Mass Transit and the _________________

question 40

Multiple Choice

Urban flight was made possible by mass transit and the _________________.

• A)automobile
• B)Internet
• C)telephone
• D)cable
• E)mail

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Definitions:

Sales Dollars

A term referring to the total revenue generated from the sale of goods or services, expressed in monetary value.

High-Low Method

A method employed in cost accounting that calculates estimated variable and fixed costs using the highest and lowest activity levels.

Fixed Cost

A cost that does not change with an increase or decrease in the amount of goods or services produced or sold by a business.

Degree of Operating Leverage

A measure that quantifies how much sales revenue can affect operating income due to the presence of fixed costs in a company's cost structure.