All of the Following Are Correct About the Holy Roman

question 51

Multiple Choice

All of the following are correct about the Holy Roman Empire in the fifteenth century except

• A) it was a strong centralized territorial state.
• B) it consisted of hundreds of largely independent states.
• C) the position of Holy Roman Emperor was held by the Habsburgs.
• D) it was made up primarily of German-speaking peoples.
• E) Habsburg power rested upon their control of vast agricultural estates.

---

Definitions:

Long-run Average Total Cost

The average cost per unit of output in the long run, where all inputs are considered variable and firms can adjust all factors of production.

Managerial Bureaucracy

A type of organizational structure that is characterized by a formal division of responsibilities, a clear hierarchy, and a detailed set of rules and procedures.

Long-run Average Cost

The per-unit production cost when all factors of production, including capital, are variable, and the scale of production can be changed.

Output Units

Quantitative measures representing the amount of goods or services produced by a company or an economic system.