All of the Following Statements Were True of Chinese Silk

question 53

Multiple Choice

All of the following statements were true of Chinese silk EXCEPT

• A)Silk was specifically associated with women.
• B)Silk was prized for both its usefulness and beauty.
• C)Silk was used for writing, painting, and currency.
• D)The Chinese government held tight control over silk production until 221 B.C.E.
• E)Taxes were paid in silk.

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Definitions:

Target Return-on-investment Pricing

A pricing strategy aiming to set prices based on the expected return on investment (ROI) that is targeted by the company.

Annual Target ROI

The specific return on investment a company aims to achieve within one fiscal year.

Target Return-on-investment Pricing

A pricing method aimed at achieving a specific return on investment by setting prices based on the required rate of return.

Automobile Manufacturer

A company engaged in the design, production, marketing, and selling of motor vehicles.