What Is Demography

question 2

Multiple Choice

What is demography?

• A) the science of human populations
• B) an "actual enumeration" of the population
• C) the distribution of the population's beliefs about politics and policy issues
• D) an accounting of who the American people are and what they believe

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Definitions:

Margin of Safety

The difference between actual or expected sales and the sales level at the break-even point, indicating the amount by which sales can drop before the company incurs a loss.

Unit Variable Expenses

Costs that vary directly with the volume of production or sales per unit.

Fixed Expenses

Costs that do not change with the level of production or sales volume, such as rent and salaries.

Variable Expenses

Expenses that vary directly with the level of production or sales volume, such as raw materials and direct labor costs.