Bartholomew Dias Was Recognized for Being the First to Achieve

question 9

Multiple Choice

Bartholomew Dias was recognized for being the first to achieve what accomplishment?

• A) Rounding the Cape of Good Hope.
• B) Sailing from Europe to India and back.
• C) Sailing around the world.
• D) Reaching South America.
• E) Exploring the interior of Canada.

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Definitions:

Business Firms

Business firms are commercial organizations engaged in the production, distribution, or sale of goods and services for profit.

Differentiated Product

A product that differs from its competitors based on features, quality, branding, or some other characteristics.

Perfectly Competitive

A market structure where many firms offer identical products, entry and exit are easy, and no individual buyer or seller has any influence over prices.

Monopoly

A market structure characterized by a single seller or company dominating the entire market, leading to limited competition.