The Skills of Hindus and Jains Were Increasingly Sought by the Mughal

question 20

Multiple Choice

The skills of Hindus and Jains were increasingly sought by the Mughal court, and Akbar made a Hindu his ___________ and employed Hindu court astrologers.

• A) Finance minister
• B) Religious advisor
• C) Protocol chief
• D) Son-in-law and heir

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Definitions:

Fixed Costs

Costs that do not vary with the level of production or sales over a short period, such as rent, salaries, and insurance premiums.

Variable Costs

Costs that change in direct proportion to changes in the level of production or sales activity, such as raw materials and labor.

Full Cost Pricing

A pricing strategy where the price of a product is determined by adding a markup to its total production costs, including both direct and indirect costs.

Cost-Plus Pricing

A pricing strategy where the selling price is determined by adding a specific markup to a product's cost price.