World Population Growth Increased Rapidly Due to All of the Following

question 28

Multiple Choice

World population growth increased rapidly due to all of the following factors except?

• A) Increased sailing and navigating skills
• B) Agricultural developments
• C) improved health care
• D) political unrest
• E) better sources of power

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Definitions:

Perfectly Competitive Firm

A business that operates in a market where there are many buyers and sellers, the products are homogeneous, and there are no barriers to entry or exit.

Total Revenue

The total amount of money received by a company for goods sold or services provided during a specific period; calculated as the quantity sold multiplied by the sale price.

Output Produced

The total quantity of goods and services produced by a firm or economy over a specific period.

Barriers to Entry

Obstacles that make it difficult for new competitors to enter a market, including high startup costs, strict regulations, and strong brand loyalty among consumers.