On Easter Island in the Pacific Ocean,from Original Population of 100

question 44

Multiple Choice

On Easter Island in the Pacific Ocean,from original population of 100 humans the population rose to around 3000.In time,the entire island was under cultivation and eventually the soils became so over cultivated that crops could no longer be grown.People started dying from starvation and disease.This Easter Island population had exceeded its

• A) density-independent factors.
• B) biotic potential.
• C) logistic growth.
• D) carrying capacity.
• E) opportunistic life history.

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Definitions:

First-In, First-Out

An inventory valuation method where the oldest items in inventory are sold or used first.

Equivalent Units

A concept in cost accounting used to calculate the work done on partially completed goods, expressed in terms of fully completed units.

Cost Reconciliation Report

A document used to reconcile and verify the costs incurred by a department or project against the budgeted or expected costs.

Work In Process Inventory

Inventory that represents partially completed goods which are still in the production process.