In 1775,as Conflicts with England Intensified,American Colonists

question 35

Multiple Choice

In 1775,as conflicts with England intensified,American colonists

• A) made extensive efforts to prepare themselves for war.
• B) were deeply divided about what they were fighting for.
• C) believed England was not willing to engage in military operations against them.
• D) saw their larger population as a key advantage over England.
• E) considered arming slaves to help build up the colonial army.

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Definitions:

Marginal Cost

The increase or decrease in the total cost incurred by producing one additional unit of a product or service.

Total Variable Costs

The sum of expenses that vary directly with the level of output production.

Average Total Cost

The per unit cost of production, calculated by dividing total cost by the total quantity of output produced.

Average Variable Cost

The total variable costs divided by the quantity of output produced, reflecting the per unit cost of variable inputs.