Which of the Following Is True Concerning African Americans Who

question 112

Multiple Choice

Which of the following is true concerning African Americans who won public office during Reconstruction?

• A) Many came from the prewar educated African American elite.
• B) Most were self-educated individuals who rose from slavery.
• C) Many came from the North.
• D) Most were illiterate and uneducated.

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Definitions:

Average Total Costs

The total of all costs associated with production divided by the number of units produced, giving the cost per unit.

Marginal Cost

The additional expense required to produce or supply one extra unit of a product.

Fixed Costs

Costs that do not vary with the level of production or sales, such as rent, salaries, and loan payments.

Profit Maximization

A financial strategy aimed at achieving the highest possible profit level for a business by adjusting output levels, pricing, or reducing costs.