SELECT ALL THAT APPLY

question 76

Multiple Choice

SELECT ALL THAT APPLY. According to the liberal perspective, which of the following factors at the systemic process level of analysis caused World War I?

• A) emotionally unstable leaders
• B) automatic mobilization plans
• C) growing but insufficient trade, social, and legal interdependence
• D) the spread of militarism

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Definitions:

Economies of Scale

Cost advantages that a business can achieve by increasing the scale of production, leading to a lower cost per unit of output.

Economic Profit

The difference between a firm’s total revenue and its total costs, including both explicit and implicit costs.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or choice.

Monetary Payments

Transactions involving the transfer of money in exchange for goods or services.