Select the Word or Phrase That Best Matches the Definition

question 4

Multiple Choice

Select the word or phrase that best matches the definition or example .
-Emerging out of an Islamic reform movement among the Sanhaja Berber pastoralists in the eleventh century,this empire incorporated a large part of northwestern Africa with its capital in Marrakesh.In 1086,it crossed into southern Spain where it offered vigorous opposition to Christian efforts to conquer the region.The empire had collapsed by the mid-twelfth century.

• A)pastoralism
• B)Modun
• C)Xiongnu
• D)Turks
• E)Almoravid Empire
• F)Temujin/Chinggis Khan
• G)the Mongol world war
• H)Yuan dynasty China
• I)Khubilai Khan
• J)Hulegu
• K)Khutulun
• L)Kipchak Khanate/Golden Horde
• M)Black Death/plague

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Definitions:

Total Profit

The difference between total revenue and total costs, representing the overall earning performance of a business.

Perfectly Competitive

A market structure characterized by a large number of small firms, a homogenous product, free entry and exit, and perfect information, leading to firms being price takers.

Market Price

The current price at which an asset or service can be bought or sold in a competitive market.

Profit

The profit earned when the total income surpasses all the expenditures, costs, and taxes necessary for maintaining the business.