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Question

Which among the following curves is used to depict the long run behaviour of population growth ?

The correct answer is
Logistic Curve

Population Growth Curve Analysis

This question requires identifying the curve that best illustrates the long-run behaviour of population growth.

Modeling Population Dynamics

Population growth can be modeled using different mathematical curves:

  • Exponential Curve: Assumes unlimited resources and constant growth rate. It shows a J-shaped curve, which is unrealistic for the long run as resources inevitably become limited.
  • Logistic Curve: Also known as the sigmoid or S-shaped curve. This model incorporates environmental limits and a carrying capacity. It depicts an initial exponential phase, followed by a slowing growth rate as the population nears its limit, eventually stabilizing. This accurately reflects the long-run behaviour of populations in most natural environments.
  • Normal Curve: This is a bell-shaped curve representing statistical probability distributions. It is not used for modeling population growth trends.
  • Ogive: This is an S-shaped cumulative frequency curve. While S-shaped, it's typically used in statistics and social sciences for cumulative data, not specifically for the dynamics of population size over time in ecological contexts.

Conclusion on Long-Run Population Growth

The Logistic Curve is specifically designed to show how population growth slows and eventually stabilizes due to limiting factors, making it the appropriate representation for the long-run behaviour of population growth.

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Important Questions from Economics

  1. Absolute poverty and relative poverty are the types of:
  2. Hybrid method of accounting for price level changes is the mixture of combination of :
    (i) Current Purchasing Power Method.
    (ii) General Purchasing Power Method.
    (iii) Current Cost Accounting Method.
    (iv) First-in First-out Method.
  3. The advantages of the cost concept is that, valuation of the asset does not depend on the __________.
  4. Who is the First Economist who pointed out that the pricing problem should be studied from the view point of time?
  5. The concept of perfect competition was introduced by __________.
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