Fighting in the Shenandoah Valley in 1864 ________ (Map 11

question 22

Multiple Choice

Fighting in the Shenandoah Valley in 1864 ________ (Map 11.1) .

• A) was marked by steady Union progress
• B) threatened Richmond
• C) led to a Union retreat
• D) eventually led to the fall of Richmond

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Definitions:

Supply Curve

A graphical representation of the relationship between the price of a good and the quantity of the good that suppliers are willing to sell.

Perfectly Inelastic Demand

A situation in which the demand for a product does not change as the price changes.

Perfectly Elastic Supply

describes a market situation where the quantity supplied can change infinitely in response to any change in price.

Elastic Demand

A situation where the demand for a product significantly changes in response to changes in the product's price.