Although Greatly Outnumbered by the Aztecs, the Spanish

question 39

Multiple Choice

Although greatly outnumbered by the Aztecs, the Spanish

• A) were able to negotiate a settlement with Moctezuma.
• B) escaped with their lives and retreated to the coast.
• C) found numerous allies among tribes whose people had been taken for Aztec sacrifices.
• D) defeated the Aztecs but did not establish a permanent colony in Mexico.
• E) were weakened when they lost their leader Cortes, who was captured and sacrificed by the Aztecs.

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Definitions:

Marginal Product

The additional output that is produced by employing one more unit of a particular input, such as labor or capital.

Average Product

The output per unit of input, calculated by dividing total output by the total amount of input used.

Short-Run

A period during which at least one input, typically capital, is fixed, influencing the flexibility of businesses to adjust to market changes.

Marginal-Cost Curve

A graphical representation showing how the cost of producing one additional unit of a good varies as the quantity of production changes.