Which of the Following Statements About the Abolitionist Movement Is

question 45

Multiple Choice

Which of the following statements about the abolitionist movement is FALSE?

• A) The movement spread primarily through local organizations in the North.
• B) The movement spawned two political parties: the Liberty Party and the Free Soil Party.
• C) The movement grew in the 1830s.
• D) Some members of the movement aided in the escape of runaway slaves through the Underground Railroad.
• E) The movement focused most of its energies on eliminating slavery in New York, Ohio, and Pennsylvania.

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Definitions:

Long-run Average Total Cost

The per unit cost of production when all inputs, including capital, are variable, assuming optimal efficiency.

Economies of Scale

Describe the cost advantages that enterprises obtain due to the scale of their operations, typically resulting in reduced costs per unit with increased output.

Long-run Average Total Cost

The average cost per unit of output when all inputs, even physical capital, are adjustable, over a sufficient time period.

Economies of Scale

Cost advantages that enterprises obtain due to their scale of operation, characterized by a reduction in average cost per unit when output is increased.