China's Population

question 13

Multiple Choice

China's population

• A)had a majority of females over males as so many of the latter died in China's many wars.
• B)was about 400,000,000 in 1395.
• C)was stagnant between 1600 and 1700.
• D)grew fast during the 1600 - 1800 period, reaching over 300,000,000 by 1800.
• E)declined between 1600 and 1800 because of a renewal of the bubonic plague.

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Definitions:

Variable Costing

An accounting method in which variable manufacturing costs are included in product costs, while fixed manufacturing overhead is treated as an expense of the current period.

Net Operating Income

A financial metric that calculates a company's income after operating expenses are deducted, but before interest and taxes are subtracted.

Direct Material Cost

The expense of fundamental materials directly utilized in the production of a product.

Product Cost

The total amount of costs directly and indirectly involved in manufacturing a product or delivering a service.