The Congress of Vienna

question 10

Multiple Choice

The Congress of Vienna

• A)gave Prussia complete control over Polish lands.
• B)created policies that would maintain the European balance of power.
• C)failed to achieve long-lasting peace among European nations.
• D)treated France leniently following Napoleon's One Hundred Days.
• E)sanctioned the political power of the bourgeoisie.

---

Definitions:

Long-run Average Total Cost

The total cost per unit of output when all factors of production are variable, and economies of scale have been achieved.

Average Total Cost Curve

A graphical representation showing how the total cost of production per unit of output changes with the level of output.

Long-run Equilibrium

occurs when all firms in a market or industry are producing at their most efficient level, with no incentive for entry or exit, and economic forces are balanced.

Total Revenue

The total amount of money a firm receives from selling its goods or services, calculated as the unit price multiplied by the quantity sold.