Prior to and During the Period of American Colonization,the Following

question 3

Multiple Choice

Prior to and during the period of American colonization,the following occurred in Europe:

• A) Feudal rulers found it easy to force peasants and urban producers to work for them as long-distance trade expanded, the costs of warfare increased, and the land/labor ratio increased as consequence of the bubonic plague.
• B) Feudal lords shared profits from output with the peasantry and pumped them into investment expenditures, which accelerated agricultural growth.
• C) Conflict among lords and peasants led to many peasant and urban revolts, diverting resources away from production and investment.
• D) Financial stability enabled the nobility of Europe to foster growth among feudal lands and increase the riches of both rulers and peasants, producing a period of high ?economic growth.

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Definitions:

Sales Mix

refers to the composition of different products or services sold, impacting overall sales and profitability.

Fixed Expenses

These are expenses that remain constant regardless of the amount of goods produced or sold, including items like rent, wages, and insurance premiums.

Selling Price

The amount of money for which a product or service is sold to customers.

Variable Labor Cost

Costs for labor that change in proportion to the level of production or sales in a company.