The Elite Class,in Nomadic Society

question 43

Multiple Choice

The elite class,in nomadic society,

• A)ruled with absolute authority at all times.
• B)based their wealth and power on extensive landholdings.
• C)received their position through inheritance,and couldn't lose it.
• D)was based on divine sanction.
• E)was fluid,with many opportunities for rising and falling.

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Definitions:

Manufacturing Overhead

All indirect costs associated with the production process, such as utilities, maintenance, and manager salaries.

Product Margins

The difference between the selling price of a product and the cost to produce it, reflecting the profitability of each product sold.

Machine-Hours

A measure used in accounting to allocate manufacturing overhead costs, representing the total hours that machines are operated in the production of goods.

Number of Batches

The total count of groups or sets of items processed or produced together in a manufacturing or production process.