Which of the Following Is Not an Unusual Item

question 189

Multiple Choice

Which of the following is not an unusual item?

• A) a segment of the business being sold
• B) corporate income tax being paid
• C) a change from one accounting method to another acceptable accounting method
• D) closure of all outlet stores

---

Definitions:

Unit Elasticity

Unit elasticity refers to a situation where a change in the price of a good or service results in a proportionally equal change in the quantity demanded or supplied, indicating a unitary elasticity of demand or supply.

Maximum Total Revenue

The highest possible earnings that a firm can achieve from the sale of goods or services, typically found by optimizing price and quantity sold.

Price

The price necessary to acquire a good or service.

Demand Curve

A graphical representation of the relationship between the price of a good or service and the quantity demanded by consumers.