What Support Does Gerhard Lenski Have for His Suggestion That

question 10

Multiple Choice

What support does Gerhard Lenski have for his suggestion that the trend toward increasing inequality is reversing?

• A) The spread of democracy has broadened the political power of the lower classes.
• B) The birth rate in industrialized societies now matches the birth rate in developing nations.
• C) Technology has become less complex and more accessible to the general public.
• D) Slavery is now abolished in all modern nations of the world.

---

Definitions:

Unit Product Cost

The total cost associated with producing one unit of product, including materials, labor, and overhead.

Variable Manufacturing Overhead

The portion of manufacturing overhead costs that varies directly with production volume.

Variable Costing

Accounting practice that integrates only variable cost elements of production (direct materials, direct labor, and variable manufacturing overhead) into the valuation of products.

Net Operating Income

The total profit of a company derived from its normal business operations, excluding expenses and revenues from non-operating activities.