Which of the Following Was a Result of the Proclamation

question 63

Multiple Choice

Which of the following was a result of the Proclamation of 1763?

• A)Taxes were laid on indigo, some spices, and coffee.
• B)The East India Company was granted the monopoly on the sale of tea.
• C)French Canadians were guaranteed the right to practice Roman Catholicism.
• D)Self-government in the colonies was terminated.
• E)A moratorium was placed on the sale of western lands.

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Definitions:

Shutdown Point

The level of production and corresponding price at which a business's total revenue exactly equals its total variable costs, beyond which the business would start to incur losses.

Output

In economic terms, output refers to the total amount of goods and services produced by an economy or a firm.

Average Total Cost

The cost per unit of output, calculated by dividing the total cost of production by the total number of units produced.

Marginal Revenue

The added revenue procured by vending an additional unit of a good or service.