The Articles of Confederation Established a _______, in Which the Legislative

question 46

Multiple Choice

The Articles of Confederation established a _______, in which the legislative body consisted of only one house.

• A) government with three branches
• B) government run solely through Congress
• C) bicameral form of government
• D) unicameral form of government

---

Definitions:

Marginal Product

The additional output that is produced by using one more unit of a particular input, assuming all other inputs remain constant.

Implicit Costs

The opportunity costs that arise from using resources that a company already owns for production, instead of earning revenue from these resources elsewhere.

Explicit Costs

Explicit costs refer to direct payments made to others in the course of running a business, such as wages, rent, and materials.

Variable Cost

Costs that change in proportion to the level of output or production activity.