Which of the following statements best describes the union movement between 1800-1860?
a. Unions were composed primarily of craftsmen.
b. Unions were concentrated primarily in rural towns and villages.
c. Union membership grew consistently through the period and comprised a substantial portion of the working population.
d. Women were more likely to belong to unions than men.
a. Unions were composed primarily of craftsmen.
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U.S. paper currency is considered representative commodity money because it can be redeemed for gold by the U.S. government
Indicate whether the statement is true or false
The above figure represents the average total cost curves of a wheat farmer
a. Which average total cost curve has the lowest average total cost of producing 30,000 bushels of wheat? b. Over what range of output is the farmer experiencing economies of scale? c. Over what range of output is the farmer experiencing diseconomies of scale? d. Which average total cost curve has the lowest possible average cost of production? e. Which average total cost curve represents the largest plant?