The Demographic Transition View of Population and Growth in DVCs

question 198

Multiple Choice

The demographic transition view of population and growth in DVCs is that

• A)the most important factor affecting population growth in DVCs is demographic changes among the elderly.
• B)slower population growth is neither desirable nor productive for DVCs given the state of the economies in these nations.
• C)reduced birth rates must come first in DVCs, and then higher per capita incomes will follow.
• D)higher per capita incomes must come first in DVCs, and then reduced birth rates will follow.

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Definitions:

Variable Costing

A record-keeping system in accounting that inputs only variable production-related expenses (direct materials, direct labor, and variable manufacturing overhead) into the cost evaluation of goods.

Unit Product Cost

The total cost (both variable and fixed) associated with producing a single unit of product, calculated by dividing the total production costs by the number of units produced.

Direct Labor Cost

Direct labor cost refers to the expenses associated with employees who directly contribute to the production of goods or services, including wages and other benefits.

Variable Manufacturing Overhead

Costs that vary with the level of production activity, such as indirect materials and utilities for machinery.