Which of the Following Statements Concerning Venice Is Correct

question 83

Multiple Choice

Which of the following statements concerning Venice is correct?

• A)After 1297 the chief executive offices of the states were opened to non-elites.
• B)Republican Venice collapsed due to the influence of the Medicis.
• C)Venice faced nearly constant upheaval and rebellion.
• D)The city had an extensive maritime empire in the eastern Mediterranean.
• E)Its electorate included the wealthy as well as merchants, apprentices, and poor laborers.

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Definitions:

Consumer Surplus

The disparity in amounts between what is potentially spent by consumers and what is actually spent on a good or service.

Demand Curve

A graphical representation that shows the relationship between the price of a good and the quantity demanded by consumers.

Consumer Surplus

The gap between the price consumers are ready to pay for a good or service and the price they end up paying.

Market Demand

Represents the total quantity of a good or service that all consumers in a market are willing and able to purchase at various prices.