The Invention of Movable-Type Printing and the Printing Press Made

question 52

Multiple Choice

The invention of movable-type printing and the printing press made possible the:

• A) creation of a bureaucratic class in the major European countries.
• B) founding of universities,not possible prior to printed books.
• C) start of the entirely new business of bookstores.
• D) Protestant Reformation in the following century.
• E) rise of the modern nation-state.

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Definitions:

Demand

The quantity of a particular good or service that consumers are willing and able to purchase at various prices.

Demand Curve

A graph showing the relationship between the price of a good and the quantity demanded by consumers at those prices.

Industry Demand

The total demand for the products of a specific industry, encompassing the collective demand of all consumers for these products.

MR Curve

The Marginal Revenue Curve represents the change in total revenue that results from selling one additional unit of a product or service.