All of the Following Are True About the Battle of Antietam

question 22

Multiple Choice

All of the following are true about the Battle of Antietam EXCEPT:

• A) the Confederates were outnumbered more than 3 to 1
• B) it was the bloodiest single day of the war
• C) McClellan vigorously pursued the retreating Lee
• D) Lee hoped a victory would gain the Confederacy foreign recognition
• E) it helped inspire Lincoln to issue the Emancipation Proclamation

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Definitions:

Perfectly Competitive

A market structure characterized by many sellers, homogeneous products, and free entry and exit, leading to price determination by supply and demand.

Long-Run Industry Supply Curve

The long-run industry supply curve shows how the quantity supplied by an industry varies with price once all adjustment has been made, including the entry and exit of firms.

Increasing-Cost Industry

An industry in which production costs rise as firms enter the market, often leading to higher prices for consumers.

Positive Profits

Financial gains achieved when the total revenues exceed the total costs of a business.