Which of the Following Is Most Key to Understanding the Demographic

question 30

Multiple Choice

Which of the following is most key to understanding the demographic transition in human population growth?

• A) education of global famine
• B) improved worldwide health care
• C) voluntary reduction of family size
• D) improved sanitary conditions in the world's hospitals
• E) reduction of casualties of war

---

Definitions:

Consumer Surplus

The gap between what consumers are prepared to pay for a product or service, and what they end up spending.

Producer Surplus

The difference between the amount producers are willing to accept for a good or service and the actual amount they receive, due to market price.

Consumer Surplus

The contrast between the expected payment by consumers for a good or service and the actual price paid.

Market Supply

The total quantity of a good or service that producers are willing and able to sell at various prices during a given time period.