According to Malthus's View, What Is a Consequence of Increased

question 140

Multiple Choice

According to Malthus's view, what is a consequence of increased population?

• A) increased GDP per person
• B) more people imply more ideas and more labour force, which promotes growth
• C) depletion of productive resources and lower standards of living
• D) increase in productivity in the food sector, which is necessary to support the increase in population

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Definitions:

Variable Overhead

Costs that fluctuate with the level of production output, including indirect expenses like power and materials needed for maintenance and operations.

Direct Labor-hours

The total number of hours worked by employees directly involved in the production of goods or services.

Variable Overhead Rate Variance

It is the difference between the actual variable overhead based on costs like utilities or materials and the standard cost that was expected.

Budgeted Production

Budgeted production refers to the anticipated quantity of products a company plans to produce in a specified period, based on forecasting.