In 1787,the ________ Created a Single Territory Out of the Lands

question 92

Short Answer

In 1787,the ________ created a single territory out of the lands north of the Ohio River and prohibited slavery within that territory.

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Definitions:

Monopoly

A market structure characterized by a single seller controlling all supply of a good or service, with no close substitutes.

Marginal Revenue

The incremental revenue earned by selling one more unit of a good or service.

Prices

The financial requirement for buying a good, service, or asset.

Marginal Revenue

The financial gain realized from the sale of one more unit of a good or service.