What Was an Important Basis for Corinth's Political and Economic

question 22

Multiple Choice

What was an important basis for Corinth's political and economic strength during the seventh and sixth centuries B.C.E.?

• A)engraved silver
• B)cloth
• C)pottery
• D)slaves

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Definitions:

Fixed Manufacturing Cost

This refers to the consistent expenses incurred by a company for its manufacturing operations, excluding variable costs; it includes costs like rent, salaries of permanent staff, and depreciation of factory equipment.

Variable Manufacturing Cost

Costs that vary directly with the level of production output, such as raw materials and direct labor.

Idle Capacity

The portion of a company's resources or production capacity that is not being used for production or generating revenue.

Variable Production Cost

Costs that change in proportion to the level of production output, such as raw materials and direct labor.