Match Each Description with the Item Below

question 82

Multiple Choice

Match each description with the item below.
-Andrew Carnegie

• A)organized a week-long march of child workers from Pennsylvania to President Theodore Roosevelt's home in New York
• B)maintained his commitment to high tariffs after the war despite concerns that they would increase consumer prices
• C)led the Knights of Labor and emphasized the strategy of winning political control of the areas around unions
• D)wrote the essay "The Gospel of Wealth," which held that with great wealth came great responsibility
• E)met to form the Industrial Workers of the World but withdrew and went on to become a presidential candidate of the Socialist Party of America
• F)was the head of the National Labor Union who died suddenly in 1869, resulting in its support declining
• G)was a former Confederate cavalry officer who developed a formula meant to be for medicinal syrup but that would become the origin of Coca Cola
• H)organized the Workingmen's Party of California and blasted railroad barons for exploiting the poor
• I)invented the telephone, which would become the most valuable patent ever issued
• J)convinced middle-class women to enter the so-called real world by engaging in social work

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Definitions:

Marginal Cost

The increase in cost resulting from the production of one additional unit of a product.

Demand Elasticity

The measure of how much the quantity demanded of a good or service changes in response to a change in price, indicating the sensitivity of consumers to price changes.

Coffee Mugs

Drinking vessels, typically made of ceramic, used for serving hot beverages such as coffee.

Quantity Sold

The total number of units of a product or service that have been purchased by consumers during a specific period.