An Idealist Would Support U

question 37

Multiple Choice

An idealist would support U.S.action against Syria for human rights violations because:

• A) a majority of the American public would support such actions
• B) it would satisfy liberal and progressive interests
• C) it is consistent with U.S. moral principles to defend human rights
• D) it would benefit American business interests in Syria
• E) it would keep the price of oil from increasing

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Definitions:

Marginal Revenue

The additional earnings received from the sale of an extra unit of a good or service.

Competitive Firm

A business operating in a market where it has little to no influence on the prices of its products or services due to the presence of many similar providers.

Average Revenue

Average revenue is the revenue earned per unit of output sold, calculated by dividing total revenue by the total number of units sold.

Fixed Cost

Fixed costs are business expenses that remain constant regardless of the levels of production or sales, such as rent, salaries, or loan payments.