The Text Attributes the Catastrophic French Defeat in the Spring

question 51

Multiple Choice

The text attributes the catastrophic French defeat in the spring and summer of 1940 to

• A) poor French generalship.
• B) French and British material inferiority.
• C) the sudden surrender of the Belgians, which opened huge gaps in the French line.
• D) the work of Fascist fifth-columnists inside France.
• E) British failure to aid the French.

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Definitions:

Fixed Costs

Costs that do not change with the level of output or production, such as rent, salaries, and loan payments.

Operate

To control the functioning of a machine, process, or system.

Decreasing-Cost Industry

An industry where input costs tend to fall as the industry as a whole expands its output.

LRAC Curve

The Long Run Average Cost curve shows the lowest possible average cost of production at different levels of output when all inputs are variable.