During Which Time Period Did the World's Population More Than

question 29

Multiple Choice

During which time period did the world's population more than double?

• A)1900- 1950
• B)1850- 1900
• C)1950- 2000
• D)1800- 1850

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Definitions:

Diseconomies of Scale

The phenomenon where production costs per unit increase as a firm's output expands, typically due to inefficiencies and increased complexity.

Average Total Costs

The total cost of production divided by the quantity of output produced; a measure of cost per unit of output.

Scale of Operations

The scope, size, or capacity at which a company or organization performs its activities, impacting costs, efficiency, and potential for growth.

Economies of Scale

Reductions in per-unit cost that organizations achieve through expanded production scales, where larger output volumes usually mean decreased costs per unit.