All of the Following Were True of the American Regular

question 98

Multiple Choice

All of the following were true of the American regular army on the eve of the War of 1812 except  

• A) they were ill-trainedand ill-disciplined.
• B) they were widely scattered.
• C) their numbers were large enough that they did not have to rely on state militias.
• D) most of the generals were leftovers from the Revolutionary War and lacked vigor and vision.
• E) there was no burning national anger to unite Americans against the British.

---

Definitions:

Dominant Firm

A company with a significant market share or influence, often capable of setting prices within its industry.

Price Leadership Model

A market condition where one leading company sets the price of goods or services, and other companies in the sector follow suit, either explicitly or implicitly.

Oligopolistic Industry

An industry characterized by a small number of large firms dominating the market, often leading to strategic interdependent pricing and production decisions.

Collude

The act of cooperating or conspiring, especially in a deceitful way, between companies to limit competition and manipulate market prices or conditions.