What Was One of the Most Significant Steps in Peter

question 8

Multiple Choice

What was one of the most significant steps in Peter the Great's project to Westernize Russia?

• A) Appointing a chief minister of French origin who managed court affairs, made political appointments, and oversaw mercantile policy
• B) Making up for the lack of a Russian middle class by encouraging noblewomen to learn foreign languages and become involved in science, education, and trade
• C) Undertaking extensive colonization efforts in Africa to obtain the raw materials that provided so much of western Europe's wealth
• D) Founding new technical and scientific schools for elites that were run by Western officials

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Definitions:

Average Total Cost

The cost of producing each unit, calculated by dividing the overall production cost by the quantity of units made.

Marginal Cost

The extra expense that arises when one more unit of a product or service is produced.

Diminishing Returns

A principle in economics where each additional unit of input yields less and less extra output.

Average Variable Cost

The total variable cost divided by the number of units produced, representing the variable cost per unit of output.