What Characteristics Help to Account for the Success of the Vikings

question 74

Multiple Choice

What characteristics help to account for the success of the Vikings?

• A)Experience as warriors and sailors
• B)Experience as shipbuilders and ruthlessness
• C)Desire to trade with foreigners and attitude of compromise
• D)A desire to conquer large amounts of territory and a sense of divine mission
• E)Empathy for their enemies

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Definitions:

Fixed And Variable Costs

Fixed costs remain unchanged regardless of the level of production or sales activity, while variable costs fluctuate with changes in activity.

Committed Fixed Costs

Long-term fixed costs that a business incurs from its commitments, such as leases or contracts, which are difficult to change in the short term.

Depreciation

Depreciation is the accounting method of allocating the cost of a tangible asset over its useful life, reflecting its consumption or wear and tear over time.

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