The Student Senate Was Voting on Whether Student Funds Should

question 33

Multiple Choice

The student senate was voting on whether student funds should be used for the new recycling effort on campus.The vote was six yes,three no,and two abstain.The motion passed because the _____ method of voting was in effect.

• A)consensus
• B)majority
• C)plurality
• D)part-of-the-whole

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Definitions:

Selling Price

The price at which a product or service is sold to customers.

Break-Even Point

The point at which total costs equal total revenue, resulting in no profit or loss for the business.

Fixed Costs

Regardless of how much is produced or sold, costs for rent, salaries, and insurance remain unchanged.

Variable Costs

Prices that adjust based on the quantity of products made or sold.