Food Security Has to Do with

question 10

Multiple Choice

Food security has to do with

• A) A country's dependence on cash crop exports.
• B) Preventing wars over diminishing food supplies.
• C) The ability of a population to obtain food on a day-to-day basis.
• D) The total volume of food a country imports.
• E) The total volume of aid a country receives.

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Definitions:

Monthly Demand

The sum amount of a product or service that purchasers are ready and can afford to buy over the course of a month.

Variable Manufacturing Overhead

The portion of manufacturing overhead costs that changes in proportion to the level of production activity.

Fixed Manufacturing Overhead

Costs related to the production that remain constant regardless of the level of manufacturing activity, such as building lease payments or salaries of permanent staff.

Book Value

The net value of a company's assets found on its balance sheet, calculated as total assets minus liabilities and intangible assets.