Constantine's "New Rome" Was Established at the Site of Ancient

question 44

Multiple Choice

Constantine's "New Rome" was established at the site of ancient

• A) Alexandria.
• B) Byzantium.
• C) Ephesus.
• D) Delhi.
• E) Thesolonnica.

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Definitions:

Equilibrium Price

The price at which the quantity of goods supplied is equal to the quantity of goods demanded in a market, leading to market stability.

Units Of Output

A quantifiable count of the products or goods produced by a company or an industry.

Average Fixed Cost

The fixed costs of production divided by the quantity of output produced, decreasing as more is produced.

Short Run

A time period in economics where at least one factor of production is fixed, limiting the ability of businesses to adjust to changing market conditions.