In Most Ancient Cities

question 70

Multiple Choice

In most ancient cities,

• A) an inner wall offered military defense.
• B) there was little separation from the countryside.
• C) the elite and ruling class generally lived in the city center.
• D) the outer area was primarily a religious and political district.

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Definitions:

Absolute Advantage

The ability of a party (country, company, individual) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources.

Comparative Advantage

The ability of an individual, firm, or country to produce a good or service at a lower opportunity cost than competitors, leading to more efficient trade possibilities.

Specialize

Refers to the process of focusing on a specific area of knowledge or skill within a broader field.

Comparative Advantage

The ability of a party to produce a particular good or service at a lower marginal and opportunity cost over another.