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Armand Runs a Small Company, and Although He Is Generally

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Armand runs a small company, and although he is generally happy with his staff, he would like to see them increase their productivity and develop a greater long-term sense of personal identification with the company. The best way for him to achieve that is to

Identify key figures of the Renaissance and their contributions to the development of the style.
Understand the influences of different styles (Byzantine, French Gothic, Hellenistic, Classical) on Renaissance and medieval art.
Recognize the characteristics and influences in the works of major artists like Duccio, Nicola Pisano, and Simone Martini.
Know the commissioners and the purposes behind significant art commissions of the period.

Definitions:

Monopolistic Competition

A commercial structure with several businesses marketing similar yet distinct products, which gives them a bit of power within the market.

Negative Economic Profits

Occurs when a firm's total costs exceed its total revenues, resulting in a loss.

Optimal Level

In economics, the optimal level refers to the most efficient, effective, or desirable point of operation or outcome in terms of maximizing benefits or minimizing costs.

Short Run

The Short Run is a period during which at least one factor of production is considered fixed in supply, limiting the ability of a business to alter its output levels.

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