_____ Is the Longest That a Human Has Lived

question 20

Multiple Choice

_____ is the longest that a human has lived.

• A) Aging
• B) Life expectancy
• C) Life span
• D) Ninety-three

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Definitions:

Economies of Scale

Cost advantages reaped by companies when production becomes efficient, as the scale of operations and output increases.

Making a Profit

The financial gain obtained when the revenue generated from a business activity exceeds the expenses, taxes, and costs associated with maintaining the operation.

Breaking Even

The point at which total costs and total revenue are equal, meaning no net loss or gain has been made.

Taking a Loss

A situation where a business or individual sells an asset for less than its purchase price, resulting in a financial deficit.