ECONOMICS

COST ACCOUNTING

BREAK EVEN POINT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
According to Punxutawney Phil, spring is ____
A
at least 6 weeks away
B
just around the corner
C
followed by fall
D
a state of mind
Explanation: 

Detailed explanation-1: -"Punxsutawney Phil, ” the national groundhog in Punxsutawney, Pennsylvania, is the granddaddy of weather-forecasting groundhogs. According to legend more than a cen-tury old, if Phil doesn’t see his shadow on Groundhog Day (February 2nd), the mid-point of winter, spring is just around the corner.

Detailed explanation-2: -People gathered Thursday at Gobbler’s Knob as members of Punxsutawney Phil’s “inner circle” summoned him from his tree stump at dawn to learn if he has seen his shadow-and they say he did. According to folklore, if he sees his shadow there will be six more weeks of winter. If he doesn’t, spring comes early.

Detailed explanation-3: -NEW YORK–Will there be six more weeks of winter, or will spring get an early start? This Groundhog Day, it depends who you want to believe. The famous Punxsutawney Phil saw his shadow Thursday in Pennsylvania, meaning six more weeks. However, Staten Island Chuck did not, signaling an early spring.

Detailed explanation-4: -Punxsutawney Phil is basically immortal, so they say It’s been the same Punxsutawney Phil for all 136 years of the tradition, according to the club. That’s over 15 times longer than the upper end of a groundhog’s typical lifespan.

Detailed explanation-5: -"I see a shadow on my stage, and so no matter how you measure, it’s six more weeks of winter weather, ” a handler read off the scroll he said Phil had chosen. Tradition says that North America will get six more weeks of winter if Phil sees his shadow and an early spring if he does not.

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