Malthus Predicted That the Power of Population

question 55

Multiple Choice

Malthus predicted that the power of population

• A)was greater than the power of the earth to produce subsistence.His forecast was on the mark.
• B)was greater than the power of the earth to produce subsistence.His forecast was off the mark.
• C)was less than the power of the earth to produce subsistence.His forecast was on the mark.
• D)was less than the power of the earth to produce subsistence.His forecast was off the mark.

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Definitions:

Price Elasticity

An indicator of how sensitive the demand or supply for a product or service is to variations in its cost.

Time Available

The amount of time one has free for activities beyond commitments like work or sleep; may refer to leisure or additional productive time.

Related Goods

Products or services that are either complements (used together) or substitutes (used in place of one another) affecting each other's demand.

Price-Inelastic Demand

A situation where the demand for a good or service is relatively unaffected by changes in its price.