What Is True About the Navigation Laws Before 1763

question 99

Multiple Choice

What is true about the Navigation Laws before 1763?

• A) They made British merchants wealthy at the expense of Americans.
• B) They hurt Great Britain more than the American colonies.
• C) They prevented Americans from trading with countries besides Britain.
• D) They discouraged smuggling by American colonial merchants.
• E) They were only loosely enforced in the American colonies.

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The point at which total costs equal total revenue, meaning no net loss or gain is incurred.

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Break-Even

The point at which total revenues equal total costs, resulting in no profit or loss for the business.