Which of the Following Groups Tended to Be Anti-Federalist During

question 65

Multiple Choice

Which of the following groups tended to be Anti-Federalist during the ratification debates?

• A) wealthier citizens
• B) rural residents closely tied to the commercial marketplace
• C) merchants engaged in foreign commerce
• D) state politicians
• E) urban artisans, laborers, and sailors

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Definitions:

Total Fixed Cost

The sum of all costs that remain constant regardless of the level of production or output in the short run.

Marginal Cost

The expense associated with manufacturing an extra unit of a product or service.

Variable Cost

Variable cost pertains to a cost that changes in proportion with the level of activity or volume of production in a company.

Average Fixed Cost

The fixed costs of production divided by the quantity of output produced, which decreases as production increases.