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In the short run,if a firm's total variable cost curve lies above its total revenue curve at all possible output levels,the firm's minimum short-run loss
Second Continental Congress
The convention of delegates from the Thirteen Colonies that started meeting in the spring of 1775, soon after the outbreak of the American Revolutionary War, which eventually declared independence.
Thomas Jefferson
The third President of the United States (1801–1809), primary author of the Declaration of Independence, and a founding father known for his promotion of the ideals of republicanism in the United States.
Nathanael Greene
A major general of the Continental Army in the American Revolutionary War, who was known for his successful command in the Southern Campaign, forcing British Lieutenant General Cornwallis to abandon the Carolinas and head for Virginia.
Southern Campaign
A phrase often used to describe a series of battles in the southern states during the American Revolutionary War that were crucial to the eventual American victory.
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