Which of the Following Was Not an Economic Factor in Medieval

question 32

Multiple Choice

Which of the following was not an economic factor in medieval China?

• A) The central government monopolized certain commodity manufacturing.
• B) Technological advances increased the scope and wealth of the economy.
• C) The introduction of the use of paper currency, credit, banking, and the abacus furthered commercial development.
• D) The Sui dynasty closed the Silk Road.
• E) Blast furnaces were developed.

Recognize the significance of plant-derived chemicals in medical treatments, including anticancer drugs.

Understand the features of angiosperm seeds that facilitate their dispersal in various environments.

Comprehend the risks associated with depending on a few domesticated plant species for food.

Explain the evolutionary adaptations that facilitate land plant reproduction without reliance on liquid water.

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Definitions:

Marginal Benefit

The additional satisfaction or utility that a person receives from consuming an additional unit of a good or service.

Marginal External Damages

Additional harm or cost imposed on society or a third party that is not accounted for by the producer or consumer of a good or service.

Marginal Social Cost

The total cost to society of producing an additional unit of a good or service, including both the cost to the producer and the cost to society of any environmental or other externalities.

Monopoly

Market with only one seller.