The "Medieval Era" Describes the Period of History

question 8

Multiple Choice

The "medieval era" describes the period of history

• A)between the sack of Constantinople and the building of Chartres cathedral.
• B)between the death of Aristotle and the birth of William Shakespeare.
• C)between the fall of Rome and the coming of the Renaissance.
• D)between the first Crusade and the invention of the printing press.

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Definitions:

Outputs

The goods or services produced by a company or an economy over a certain period of time.

Increasing Opportunity Costs

A principle stating that as the production of a good increases, the opportunity cost of producing an additional unit of this good also increases.

Bowed-Out Shape

Describes a concave production possibilities frontier that reflects increasing opportunity costs as production of one good is increased.

Attainable And Unattainable

Describes whether a certain state or outcome can be achieved with the available resources (attainable) or not (unattainable), often used in the context of production and economics.