The Strongest Evidence Usually Offered in Support of Democratic Peace

question 13

Multiple Choice

The strongest evidence usually offered in support of democratic peace theory is

• A)the frequency with which democracies have been attacked by nondemocracies.
• B)the relative scarcity of democracies.
• C)the prevalence of anti-war movements in democracies.
• D)peace among democracies.

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Definitions:

Losses

Financial deficits that occur when the costs of operating a business exceed the revenue generated from selling goods or services.

P = MC

This equation represents the condition where the price (P) of a product equals the marginal cost (MC) of producing one additional unit, typically illustrating a firm's optimal production point in perfectly competitive markets.

MC = ATC

The condition where marginal cost equals average total cost, often used to identify the point of minimum average cost in the short run.

Zero Profits

A situation where a company's total revenues equal its total costs, meaning it is breaking even and not generating any profit.