What Occurred After the Election of Rutherford B

question 5

Multiple Choice

What occurred after the election of Rutherford B. Hayes as president in 1876?

• A) the states broke into war
• B) Reconstruction collapsed
• C) Union troops left the North
• D) slavery was abolished

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Definitions:

Optimal Level

The most efficient, effective, or desirable point or state for a specific circumstance or variable.

Willingness to Pay

Willingness to pay represents the maximum amount an individual is prepared to spend to acquire a good or service.

Marginal Cost

The boost in total charges linked to the creation of one more unit of a product or service.

Public Good

For the benefit of all society members, goods or services are offered at no cost, either by government agencies or private individuals or organizations, not with the aim of profit.