A Battery-Operated Pipetting Device Has Stopped Working

question 1

Multiple Choice

A battery-operated pipetting device has stopped working. Which of the following describes the first course of action for the technologist using this pipet?

• A) Discard the pipet, and order a new one.
• B) Call the manufacturer to request that a technical support representative make a service call.
• C) Change or charge the batteries.
• D) Put the pipet back in the drawer and get a new one.

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Definitions:

Break-Even Point

The production level or sales volume at which total revenues equal total expenses, resulting in no net loss or gain.

Contribution Margin

The difference between sales revenue and variable costs, which contributes towards covering fixed costs and earning profit.

Fixed Costs

Costs that do not vary with the volume of production or sales, such as rent, salaries, and insurance premiums.

Units

A measure of quantity that indicates the count or quantity of a product or service.