Each Number on This Figure Refers to a Location with Groundwater

question 3

Multiple Choice

Each number on this figure refers to a location with groundwater in a subsurface material that is consistent in character across the entire figure.Of these locations,which two sites are on the opposite side of a groundwater divide?

• A)between 1 and 2
• B)between 2 and 3
• C)between 3 and 4
• D)between 4 and 5
• E)none of these

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Definitions:

Margin Of Safety

Indicates the possible decrease in sales that may occur before an operating loss results.

Variable Costs

Costs that change in proportion to the level of activity or production volume.

Fixed Costs

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance premiums, remaining constant regardless of activity levels.

Break-Even Point

The juncture where the cumulative expenses equal total income, yielding neither a profit nor a loss.