When the Soviet Union Denied the United States, Britain, and France

question 67

Multiple Choice

When the Soviet Union denied the United States, Britain, and France access to Berlin in 1948, President Truman responded by

• A) asking the United Nations to intervene.
• B) denying the Soviets access to West Germany.
• C) declaring that an iron curtain had descended across Central Europe.
• D) organizing a gigantic airlift of supplies to Berlin.
• E) sending an armed convoy to Berlin.

---

Definitions:

Marginal Cost

The augmentation in cost due to the manufacture of one additional unit of a product or service.

Total Variable Cost

The sum of all costs that vary with the level of output, including materials and labor directly involved in production.

Output

The quantity of goods or services produced in a given period by a firm, industry, or country.

Total Cost

The combined amount of all expenses and costs associated with the production and sale of a good or service.