For Europe, What Was the Most Striking and Long-Term Impact

question 12

Multiple Choice

For Europe, what was the most striking and long-term impact of the outcome of the Franco-Prussian War?

• A) The amazing and immediate rise of influence in Europe by the United States.
• B) The unification of the many independent sections of Germany into a country.
• C) The French accepted German domination for the rest of modern history.
• D) The English exploited the war between France and Germany to seize French territory.
• E) The Russian were able to enact their reforms while the other countries were at war.

---

Definitions:

Perfect Competitor

A theoretical market situation in which no individual buyer or seller has the power to influence market prices.

Demand Curve

An illustrated chart that depicts how the demand for a product varies with changes in its price.

Marginal Product

The addition to total output due to the use of one more unit of a variable input, keeping all other inputs constant.

Profit-maximizing

The process or strategy of adjusting production and prices to achieve the highest possible profit, taking into account costs and market demand.