Choose the Correct Statement Below About European Explorers and Their

question 49

Multiple Choice

Choose the correct statement below about European explorers and their expeditions:

• A) Ferdinand Magellan explored the North American coast from the Carolinas to Newfoundland.
• B) Jacques Cartier explored the coasts of Newfoundland, Quebec, and Nova Scotia and ascended the St. Lawrence.
• C) Henry Hudson established the first successful European settlement in North America.
• D) John Cabot rounded South America and crossed the Pacific to the Philippines, where he died; one of his ships became the first to sail around the world.
• E) Christopher Columbus crossed the Isthmus of Panama and reached the Pacific.

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Definitions:

Agreement Breach

A failure to fulfill the terms of a contract or agreement, which can lead to legal action for resolution.

Equilibrium Price

The price that balances quantity supplied and quantity demanded.

Demand Schedule

A table that shows the quantity of goods or services that consumers are willing and able to purchase at various price levels.

Perfectly Competitive

A market structure characterized by a large number of buyers and sellers, homogenous products, and no barriers to entry or exit.