Which Privilege Was Reserved Solely for the Samurai and Daimyo

question 18

Multiple Choice

Which privilege was reserved solely for the samurai and daimyo under the Tokugawa Shogunate?

• A)the honor of fighting for the shogun
• B)the privilege of owning weapons
• C)the right to trade with outsiders
• D)the ability to live in the capital city
• E)the right to practice Christianity

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Definitions:

Marginal Cost

The added expense from the production of one additional unit of a product or service.

Economies of Scale

The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale as fixed costs are spread out over more units.

Profitable

A financial status where the income or revenue generated exceeds the costs or expenses, resulting in a financial gain.

Natural Monopoly

A market where a single supplier can produce output at a lower cost than multiple competitors, often due to economies of scale.