SELECT ALL THAT APPLY

question 36

Multiple Choice

SELECT ALL THAT APPLY. How do population growth and resource use reduce biodiversity?

• A) They lead to overhunting, overfishing, and transplanting species.
• B) They eliminate the natural habitats of various plants and animals.
• C) They support the regrowth of wetlands and other habitats.
• D) They force governments to adopt preservation laws.

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Definitions:

Labor

The human effort, both physical and mental, used to produce goods or services, which is typically compensated by wages.

Equivalent Unit

A measure used in cost accounting to express the amount of work done on a product in terms of fully completed units.

First-in

This principle dictates that the earliest goods to be added to inventory are the first ones to be removed from it, commonly applied in financial and inventory management.

Conversion Costs

The sum of labor and overhead costs that are necessary to convert raw materials into finished products.