In a Probability Chain,messages Move Through the Grapevine by One

question 23

True/False

In a probability chain,messages move through the grapevine by one person randomly contacting several others and telling them the message and then those individuals,in turn,randomly contact several others and continue to spread it.

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Definitions:

Pretax Income

The amount of income earned by a business before the deduction of taxes; it is found by subtracting all expenses, except tax expenses, from revenues.

Variable Cost

Variable cost refers to expenses that vary directly with the level of production output or sales volume, such as materials and labor.

Fixed Cost

Costs that do not change with the level of output produced, such as rent, salaries, and insurance.

Composite Units

A measure used in cost accounting for aggregating the cost of similar items or processes into a single figure.