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2 years ago

Which of the following are possible outcomes of rapid population growth?

Business

2 answers:

iren [92.7K]2 years ago

4 0

Answer: Option (D) is correct.

Explanation:

When there is a rapid population growth in a country then this will results in a reduction in the human capital per worker, increase in technological knowledge and also reduction in capital per worker. There is a greater chance that counter-productive level will be reached.

The main problem arises from the rapid population growth is starvation and poverty. One of the devastating effects of the excess population is the scarcity of land. Land is limited in a country as a result more crops won't be produce. This will lead to raise the level of starvation.

tatyana61 [14]2 years ago

3 0

Answer: All of the above

Explanation: Rapid population growth can be defined as the excessive population in the world in relation to the resources present for use, this major problem has some serious economic consequences.

The given options can be explained as follows :-

A. Human capital refers to the specialized skills that human possess by use of education. Due to increase in population the value of skilled humans decreases as there will be a large number of skilled labor.

B. Due to population growth the number of worker will increase but the resources in use will remain same leading to less amount of share for each unit of labor force.

C. A rapid increase in population will lead to introduction of innovative minds to the world and thus technological advancement.

Therefor, we can conclude that option D is correct.

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X-Mart purchased $300 of merchandise and paid immediately. Demonstrate the journal entry to record this transaction, assuming th

tangare [24]

Answer:

See explanation Section

Explanation:

The journal entry to record the purchase of merchandise -

Merchandise Inventory Debit $300

Cash Credit $300

Note: As the perpetual inventory shows the running inventory of cost of goods available for sale. Therefore, every purchase of merchandise will directly debit the merchandise inventory and not the purchase account. Since the company paid immediately, cash decreased.

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3 years ago

Wilson Products uses standard costing. It allocates manufacturing overhead (both variable and fixed) to products on the basis of

mrs_skeptik [129]

Answer:

Please see attached solution

Explanation:

a. Total manufacturing overhead costs allocated $356,400

b. Variable manufacturing overhead spending variance $40,500U

c. Fixed manufacturing overhead spending variance $17,600U

d. Variable manufacturing overhead efficiency variance $19,500F

e. Production volume variance $39,200F

Please find attached detailed solution to the above questions

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3 years ago

Among salespeople, ________ often represent products that have few options, such as magazine subscriptions and highly standardiz

disa [49]

Among salespeople, order takers often represent products that have few options, such as magazine subscriptions and highly standardized industrial products.

<h3><u>Explanation:</u></h3>

A sales person who only aims in getting new orders and will not take any actions regarding finding new customers or increasing the existing order frequency. He will not aim in the increasing of the sales that already exists. He aims only in money making process.

In the examples given, subscriptions of magazine and highly standardized industrial products are given. When considering these examples, the order takers will only take steps in getting new orders with a few options at their hands.

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3 years ago

Drag each label to the correct location on the image.<br> Identify the features of stocks and bonds.

andre [41]

Stock;
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bonds;
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2 years ago

Suppose that technological advancements stimulate $20 billion in additional investment spending. If the MPC = 0.6, how much will

grin007 [14]

Answer:

option (D) $50 billion.

Explanation:

Data provided in the question:

Additional investment spending = $20 billion

MPC = 0.6

Now,

Increase in aggregate demand = [1 ÷ (1 - mpc) ] × Investment

Increase in aggregate demand = [1 ÷ (1 - 0.4) ] × $20 billion

Increase in aggregate demand = (1 ÷ 0.4) × $20 billion

Increase in aggregate demand = 2.5 × $20 billion

Increase in aggregate demand = $50 billion

Hence.

the correct answer is option (D) $50 billion.

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3 years ago