In the Fifteenth and Sixteenth Centuries,when Rival Warfare Caused the Decline

question 19

Multiple Choice

In the fifteenth and sixteenth centuries,when rival warfare caused the decline of the city of Old Jenné,which of the following traditions came to an end?

• A)weaving
• B)stone architecture
• C)bronze casting
• D)ceramic sculpture

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Definitions:

Implicit Costs

Implicit costs are the opportunity costs associated with a company's use of internal resources that could have been utilized elsewhere, not directly paid out in cash.

Economic Costs

The total cost of choosing one action over another, including both explicit costs (direct outlays) and implicit costs (opportunity costs).

Entrepreneur's Talent

The unique set of skills, knowledge, and intuition that an entrepreneur possesses, enabling them to identify, evaluate, and exploit business opportunities.

Annual Lease

A contract that allows for the rental of a property for a period of one year.