Which of the Following Is an Accurate Statement About Athens

question 58

Multiple Choice

Which of the following is an accurate statement about Athens in the eighth and seventh centuries B.C.?

• A)Hereditary kings continued to dominate political life.
• B)Power was wrestled from hereditary kings by aristocrats.
• C)Merchants, enjoying profits, were satisfied with the system of law.
• D)The Draconian system introduced moderation into the legal system.
• E)Enslavement for non-payment of debt ceased to be a problem for the peasants.

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Definitions:

Average Fixed Cost

The fixed costs of production divided by the quantity of output produced, illustrating how fixed costs dilute over larger production volumes.

Average Variable Cost

The total variable cost divided by the quantity of output, representing the variable cost of producing one additional unit.

Marginal Cost

The financial outlay for making an additional unit of a product or service.

Average Total Cost

The total cost divided by the number of goods produced; it includes all variable and fixed costs.