Which of These Was not a Reason for the Onset

question 21

Multiple Choice

Which of these was not a reason for the onset of the Spanish-American War?

• A) The explosion of the Maine
• B) Spain's supposed harsh treatment of the Cubans
• C) An intercepted letter in which the Mexican ambassador described President McKinley in a very unflattering way
• D) The Rough Riders wanted to make a name for themselves
• E) Newspapers published graphic details of Spanish atrocities

---

Definitions:

Dominant Firm Model

A market structure where one large firm controls the majority of the market share, influencing prices and output levels while smaller firms act as price takers.

Market Structure

Refers to the organization and characteristics of a market, including the degree of competition, number of firms, and the distribution of market shares.

Large Firm

A business entity characterized by a large scale of operations, potentially including extensive product lines, significant market share, or substantial workforce.

Profit Maximizing Price

The price at which a firm can generate the highest possible profit, determined by the intersection of the firm's supply curve and the market demand curve.