If a Promising Young Man Attained the Rank of Shengyuan

question 16

Multiple Choice

If a promising young man attained the rank of shengyuan, he was enabled to __________ and to draw a small stipend.

• A) Challenge a decision by the emperor.
• B) Attend a government-sponsored academy.
• C) Exempt his extended family from taxation.
• D) Be married to the daughter of a colleague in the scholar-gentry.

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Definitions:

Sold

The past tense of sell, indicating the transfer of goods or services in exchange for money or other compensation.

Reservation Price

The maximum price that a buyer is willing to pay for a good or service, beyond which the buyer will choose not to purchase.

English Auction

A type of auction where participants bid openly against one another, with each bid higher than the previous bid, and the highest bidder wins.

Willingness To Pay

A measure of the maximum amount an individual is prepared to spend on a good or service, reflecting its perceived value.