During the 17ᵗʰ and 18ᵗʰ Centuries, ____________ Was the Main

question 31

Multiple Choice

During the 17ᵗʰ and 18ᵗʰ centuries, ____________ was the main method of discipline used by teachers.

• A)Suspension
• B)Harsh looks
• C)Flogging
• D)Standing a child in the corner

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Definitions:

Socially Optimal

A condition or point at which the social welfare is maximized, considering the benefits and costs to society as a whole.

Regulatory Commission

A government agency responsible for controlling and supervising specific industries to enforce standards and laws for public safety and welfare.

Natural Monopolist

A single supplier that can serve the entire market at a lower cost than two or more competing suppliers.

Maximum Price

A price ceiling set by the government to prevent prices from soaring to levels that are too high for most consumers to afford.