To Break Even, a Business Must ________

question 29

Multiple Choice

To break even, a business must ________.

• A) sell enough units to cover all its costs
• B) sell enough units to cover its fixed costs
• C) sell enough units to earn a profit
• D) sell enough units to cover variable costs

Understand the concept of marginal benefit and how it influences decision-making.

Apply marginal analysis to various scenarios to determine optimal decision-making.

Comprehend the relationship between marginal cost and marginal benefit in maximizing profit or utility.

Identify the principles of the profit-maximizing principle of marginal analysis.

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Definitions:

Minimal Change Nephrotic Syndrome

A kidney disorder causing significant loss of proteins in the urine, leading to swelling and minimal change seen in kidney tissues.

Corticosteroids

Are a class of steroid hormones that are used in medicine to treat a variety of conditions, including inflammation, autoimmune diseases, and allergies.

Minimal Change Nephrotic Syndrome

A kidney disorder mostly seen in children that leads to significant proteinuria, swelling, and risk of infection, but with minimal changes seen in kidney tissue under a microscope.

Prednisone

A synthetic corticosteroid drug used to suppress the immune system and reduce inflammation in conditions such as asthma, arthritis, and allergic reactions.