The Holy Man Who Created the First Community of Monks

question 40

Multiple Choice

The holy man who created the first community of monks in Egypt and laid the foundations for the monastic movement was

• A)Saint Martin.
• B)Saint Augustine.
• C)Saint Jerome.
• D)Saint Anthony.
• E)Saint Aquinas.

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Definitions:

Amazonomachy

In Greek mythology, the battle between the Greeks and Amazons.

Marginal Revenue Product

The additional revenue generated from employing one more unit of a factor of production, used to determine the most profitable level of output.

Marginal Profit

Marginal profit is the addition to total profit from producing one more unit of output, calculated as the difference between marginal revenue and marginal cost for that unit.

Perfectly Competitive

A market structure characterized by a large number of small firms, identical products, and free entry and exit, leading to price-taking behavior.