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The Most Famous Travel Accounts of the Yuan Era, Those

question 18

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The most famous travel accounts of the Yuan era, those of the Venetian Marco Polo and ___________, who lived and traveled throughout the Mongol Empire, are testament to the powerful impact of Mongol rule on ease of travel.


Definitions:

Marginal Benefit

The extra pleasure or benefit obtained from consuming an additional unit of a product or service.

Marginal Cost

Marginal cost is the increase in total cost that arises from producing one additional unit of a product or service.

Optimal Quantity

The quantity that generates the highest possible total profit.

Economic Analysis

The systematic approach to determining the optimum use of scarce resources, involving comparison of two or more alternatives in achieving a specific objective under the given assumptions and constraints.

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