According to Manuel Castells,megacities Are

question 99

Multiple Choice

According to Manuel Castells,megacities are:

• A) not really as large as most cities
• B) connection points between huge populations of people and the global economy
• C) overwhelmingly populated by people who would be considered successful in the global economy
• D) located only in the developing world
• E) on the decline throughout the world

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Definitions:

Variable Costs

Expenses that fluctuate with changes in production volume or service levels, such as materials and labor costs.

Fixed Costs

Payments for rent, salaries to employees, and insurance coverages that stay the same, no matter the production or sales figures.

Break-Even Point

The point at which total costs and total revenue are equal, resulting in no net loss or gain.

Variable Costs

Costs that vary in direct proportion to changes in the amount of production or activity, like costs for direct labor and raw materials.