Recent Compilations of Data from Around the World Show

question 31

Multiple Choice

Recent compilations of data from around the world show

• A)that soil erosion under conventional agriculture exceeds both the rates of soil production and geological erosion rates by several orders of magnitude.
• B)that soil erosion,once a problem for all,is now under control in many countries.
• C)that soil erosion is greatest in arid countries where there are annual water deficits.
• D)that the southern hemisphere has learned to manage soil erosion,while in the northern hemisphere it is still a major problem.
• E)that agricultural management regulations in Europe have slowed soil erosion significantly while it continues to accelerate in North America.

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Definitions:

Variable Cost

A variable cost varies directly with the level of production or sales volume, such as materials and labor costs.

Operating Income

Earnings before interest and taxes (EBIT), a measure of a company's profitability from regular business operations.

Transfer Price

The price at which goods and services are sold between divisions within the same company or between a company and its subsidiary.

Variable Cost

Costs that fluctuate directly with changes in production or sales volume.