Match Each Description with the Item Below

question 84

Multiple Choice

Match each description with the item below.
-William Sylvis

• 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 boost in expenditure linked to creating an additional unit of a good or service.

Average Total Cost

Refers to the sum of all production costs divided by the total output produced, indicating the cost per unit of producing a good or service.

Cakes

Baked desserts that are typically sweet and made from ingredients such as flour, sugar, and eggs.

Marginal Cost Curve

A graphical representation showing how the cost to produce one additional unit of a good changes as more of that good is produced.