The Issue That Caused the Populist Party to Be Absorbed

question 8

Multiple Choice

The issue that caused the Populist Party to be absorbed by the Democratic Party was

• A)income tax.
• B)the coinage of silver.
• C)government control of railroads.
• D)direct election of senators.
• E)women's suffrage.

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Definitions:

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded by consumers at those prices.

Marginal Revenue

The increase in income resulting from the sale of one extra product or service unit.

Natural Monopoly

A market condition where a single firm can supply a product or service at a lower cost than any potential competitor, often due to economies of scale.

Cheaper Service

A service offered at a lower price relative to other similar services, emphasizing cost-effectiveness.