In Ancient Greece, Tyrants

question 66

Multiple Choice

In ancient Greece, tyrants

• A) attained power, ironically, by popular election.
• B) always promoted the interests of the aristocracy.
• C) served in a transitional role from oligarchy to democracy for many city-states.
• D) were of peasant or slave origin.
• E) were replaced by kings.

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Definitions:

Marginal Utility

The extra pleasure or benefit gained by a consumer from using an additional unit of a product or service.

Utility-maximizing

Refers to the economic principle where individuals or households attempt to get the highest level of satisfaction from their resources.

Income

The money received, especially on a regular basis, for work or through investments.

Marginal Utility

The increased enjoyment or value one gets from the consumption of an extra unit of a good or service.