Which of the Following Is NOT a View Held by the Early

question 115

Multiple Choice

Which of the following is NOT a view held by the early or classical liberals?

• A) Government should follow the will of the majority in all matters.
• B) Government should protect the natural rights and liberties of the people.
• C) Government receives its authority from the consent of the governed.
• D) Government must be limited in its powers and responsible to the people.
• E) Government should not enforce conformity to any particular religion.

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Definitions:

Output Levels

Quantities of products or services produced within a given timeframe, reflecting the scale of a company's or industry's production.

Spreading

The practice of diversifying investments or risks to minimize potential losses.

Average Variable Cost

The total variable costs of production divided by the quantity of output produced, representing the cost per unit of output.

Total Cost

The sum of all expenses incurred in the production of goods or services, including both fixed and variable costs.