Once the Conquistadors Overpowered a Kingdom, It Became Known as A(n)_____

question 22

Multiple Choice

Once the conquistadors overpowered a kingdom, it became known as a(n) _____, in which Indian villages were obliged to pay a tribute, usually in gold or slaves, to the conquistadors.

• A)manor
• B)Line of Demarcation
• C)vassal
• D)serf
• E)encomienda

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Definitions:

Indifference Map

A graphical representation that shows different combinations of goods between which a consumer is indifferent.

Budget Lines

A visual representation showcasing every potential pairing of two products that a consumer is able to purchase, considering their budget and the costs of these items.

Utility

In economics, utility refers to the total satisfaction received from consuming a good or service.

Diminishing Marginal Utility

The principle that as a person increases consumption of a product, there is a decline in the additional satisfaction or utility that person gains from consuming one more unit of the product.