Solve the Problem $/ \mathrm { mi } ^ { 2 }$

question 15

Multiple Choice

Solve the problem.
-A certain land area is 540,000 square miles, and it holds a population of 64.1 million people. Calculate the population density.

• A) 84 people \(/ \mathrm { mi } ^ { 2 }\)
• B) 1187 people \(/ \mathrm { mi } ^ { 2 }\)
• C) 842 people \(/ \mathrm { mi } ^ { 2 }\)
• D) 119 people \(/ \mathrm { mi } ^ { 2 }\)

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Definitions:

Market Entry And Exit

The process by which new competitors enter or existing firms exit a market, influencing competition and market dynamics.

Industry Size

The overall scale or breadth of a sector, often measured by the number of firms, employees, or the volume of production.

Profits And Losses

The financial gains earned or losses incurred by a business over a specified period.

Economic Model

A simplified representation of economic processes, used to predict and analyze real-world economic behaviors.