A Country That Has Undergone a Full Demographic Transition Has

question 34

Multiple Choice

A country that has undergone a full demographic transition has

• A)a lower birth rate and a higher death rate.
• B)a higher birth rate and a lower death rate.
• C)a higher birth rate and a lower death rate,and is about to undergo industrialization.
• D)a lower birth rate,a lower death rate,and undergone industrialization.

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Definitions:

Demand Falls

A situation where the quantity demanded of a product decreases, often due to changes in price, income, or preferences.

Costs Of Production

All expenses incurred in the creation of goods or services, including raw materials, labor, and overhead costs.

Increasing Cost Industry

An increasing cost industry is one in which production costs rise as the industry's output increases, often due to scarce resources or increasing input prices.

Profit Maximization

The process by which a firm determines the price and output level that returns the greatest profit.