Between 1930 and 2011, the Global Human Population Has Increased

question 6

Multiple Choice

Between 1930 and 2011, the global human population has increased from ____ to ____.

• A) 100 million; 250 million
• B) 500 million; 1 billion
• C) 1.5 billion; 3 billion
• D) 2 billion; 7 billion
• E) 7 billion; 16 billion

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Definitions:

Fixed Cost

Charges that are stable in spite of the levels of output or sales achieved, such as housing lease, salaries paid to employees, and insurance expenses.

Production Supplies

Items and materials used in the manufacturing process that are not directly incorporated into the final product.

Mainframe Computer

A large, powerful computer primarily used by large organizations for bulk data processing, such as census, industry and consumer statistics, and financial transaction processing.

Indirect Manufacturing Cost

Costs in manufacturing that cannot be directly tied to a specific product or job, such as maintenance, supervision, and utility costs; also known as manufacturing overhead.