Base the Following Questions on the Climographs and Insolation Graphs

question 46

Multiple Choice

Base the following questions on the climographs and insolation graphs below.Letters represent a location where the climograph and insolation graph were recorded.
-Which location has the longest period of continuous darkness?

• A)A
• B)B
• C)C

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Definitions:

Profit

The financial gain achieved when the revenue from business activities exceeds the expenses, costs, and taxes needed to sustain the activity.

Marginal Cost

The escalation in cumulative price involved in fabricating one extra unit of a product or service.

Average Revenue

The amount of income generated per unit of sale or service offered, calculated by dividing total revenue by the number of units sold.

Profit Maximizes

The process by which a firm determines the price and output level that leads to the highest profit.