Nobles in Eastern Europe Enjoyed More Power Than Their Counterparts

question 7

Multiple Choice

Nobles in Eastern Europe enjoyed more power than their counterparts in the West due to

• A)a more gradual centralization of authority.
• B)the interference of the pope.
• C)the ability of nobles to purchase extended authority.
• D)parliaments in the East that granted such power to the nobles.
• E)nobles in the West that asked for and received a decline in power.

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Definitions:

Pure Competition

A market structure characterized by a large number of small firms, homogenous products, and free entry and exit, leading to perfect competition.

Nonprice Competition

A strategy where businesses focus on improving product quality, promoting innovation, or providing exceptional service instead of lowering prices to compete.

Differentiated Products

Goods or services that are distinguished from similar products by quality, features, branding, or customer service, allowing them to compete apart from price alone.

Entry Barriers

Obstacles that prevent new competitors from easily entering an industry or area of business.