In the Years Immediately After the American Revolution

question 13

Multiple Choice

In the years immediately after the American Revolution

• A)both labor and capital were scarce.
• B)neither labor nor capital were scarce.
• C)labor was scarce and capital was plentiful.
• D)capital was scarce and labor was plentiful.

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Definitions:

Additional Ton

A unit of measure representing an extra quantity of a product or material, beyond the original calculation or expectation, typically used in contexts related to shipping, production, or environmental impact.

Radishes

Edible root vegetables with a peppery flavor, often red, white, purple, or black, used in salads and as a garnish.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision; it represents the benefits missed when choosing one option over another.

Consumer Goods

Items bought by the typical consumer for personal use.