In the Past 50 Years,which of the Following Demands Has

question 50

Multiple Choice

In the past 50 years,which of the following demands has increased the most?

• A) energy
• B) grazing land
• C) forest land
• D) crop land
• E) fishing ground

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Definitions:

Desired Return

the minimum profit or return a company or investor aims to achieve from an investment or venture.

Investment

The allocation of resources, such as capital or time, with the expectation of generating an income or profit.

Absorption Costing

An accounting method that includes all manufacturing costs, both direct and indirect, in the cost of a product.

Markup

The amount added to the cost of merchandise to arrive at the selling price, usually expressed as a percentage of the cost.