Which of the Following Correctly Describes the Composition or Prevalence

question 1

Multiple Choice

Which of the following correctly describes the composition or prevalence of large coastal cities in the English colonies?

• A)They dominated the colonial landscape.
• B)They held approximately 50% of the colonial population.
• C)They were confined almost exclusively to the South.
• D)They never comprised more than 10% of the population.
• E)They held no slaves at all.

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Definitions:

Optimal Productive Efficiency

The state in which an economy or production operation can produce the maximum output with the given resources and technology, without wasting resources.

Standardized Product

Goods or services that are uniform in quality and performance, often mass-produced, allowing them to be interchangeable.

Significant Barriers

Major obstacles or impediments that prevent entities from entering a market or industry.

Horizontal Demand Curve

A demand curve representing a situation where a small change in price leads to an infinite change in quantity demanded, typically associated with perfectly competitive markets.