Which of the Following Was Not One of the Features

question 13

Multiple Choice

Which of the following was not one of the features or powers of government under the Articles of Confederation?

• A) a national congress in which each state had only one vote.
• B) the requirement for unanimous approval of the states before Congress could enact any tax measure.
• C) the provision that no congressional power to regulate interstate or foreign commerce.
• D) a single-chamber Congress, elected by state legislatures, in which each state had one vote.
• E) a president elected by the state legislatures.

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Definitions:

Oligopoly

A market structure characterized by a small number of large firms that have significant control over market prices and high barriers to entry, leading to limited competition.

Product Differentiation

The act of distinguishing a product or service within the market to heighten its allure to a particular target segment.

HHI

The Herfindahl-Hirschman Index, a measure of market concentration to assess the level of competition.

Total Market Sales

The combined sales of all firms or businesses within a particular market or industry.