In the Isthmus Declaration of 196 BCE, the Romans Proclaimed

question 37

Multiple Choice

In the Isthmus Declaration of 196 BCE, the Romans proclaimed that the Greeks were ____________.

• A) Now expected to worship Roman gods, and not Greek ones any longer.
• B) No longer allowed to hold athletic contests like the Olympic Games.
• C) To be "free" and governed by their own laws.
• D) Not worth the effort of conquering them.

---

Definitions:

Substitutes

Goods or services that can be used in place of each other, where an increase in the price of one leads to an increase in demand for the other.

Elastic

A characteristic of demand or supply where the quantity demanded or supplied responds significantly to price changes.

Imperfect Competition

A market structure characterized by a few sellers or buyers, creating an environment where the entities do not have to accept the market price and can influence it instead.

Inefficiency

The situation where resources are not used in the best possible way or when an economy or process could achieve more output without changing input levels.