How Did Louis XVI Respond to the Formation of the National

question 37

Multiple Choice

How did Louis XVI respond to the formation of the National Assembly?

• A)He acknowledged its legitimacy.
• B)He threatened to dissolve the Estates-General.
• C)He arrested all Third Estate delegates.
• D)He abdicated the throne.
• E)He invited Britain to invade France.

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Definitions:

Consumer Surplus

The discrepancy between the aggregate amount consumers can and will pay for a product or service and the actual amount they pay.

Total Utility

The total satisfaction or benefit received by consuming a given total quantity of a good or service.

Marginal Utility

The additional utility derived from consuming one more unit of some good or service.

Consumer Surplus

The difference between the amount consumers are willing to pay for a good or service versus what they actually pay.