The Incident That Prompted the Nobles to Depose James II

question 47

Multiple Choice

The incident that prompted the nobles to depose James II was

• A)his marriage to the Duchess of Orange.
• B)the death of his first, Protestant wife under suspicious circumstances.
• C)the birth of a son to his second wife, a Catholic.
• D)his defeat in battle against the illegitimate son of Charles II.
• E)economic collapse caused by disruptions in trade with the colonies.

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Definitions:

Personalized Pricing

A pricing strategy where prices are set for individual customers based on their perceived willingness to pay, often using data analytics.

Barriers to Entry

Factors that prevent or impede the ability of a new competitor to enter and operate in an industry.

Monopoly

An economic condition where only one seller offers a distinctive product in the marketplace, with no similar alternatives available.

Natural Monopoly

A market condition where due to high fixed or start-up costs, efficient service is provided by a single firm instead of multiple competing firms, often seen in utilities sectors.