Answer the Following Questions

question 20

Multiple Choice

Answer the following questions:
-Magna Carta

• A)Code of conduct in which fighting to defend the Christian faith and protecting one's countrymen was declared to have a sacred purpose.
• B)A general inquiry about the wealth of his lands ordered by William of Normandy.
• C)The buying and selling of church offices, a policy that was officially prohibited but often practiced.
• D)The loose confederation of principalities, duchies, cities, bishoprics, and other types of regional governments stretching from Denmark to Rome and from Burgundy to Poland.
• E)A special group of high clergy with the authority and power to elect the pope and the responsibility to govern the church when the office of the pope is vacant.
• F)A penalty used by the Christian Church that meant being cut off from the sacraments and all Christian worship.
• G)Groups of monastic houses following a particular rule.
• H)Wars sponsored by the papacy for the recovery of Jerusalem and surrounding territories from the Muslims from the late eleventh to the late thirteenth centuries.
• I)The Christian term for the conquest of Muslim territories in the Iberian Peninsula by Christian forces.
• J)Men belonging to certain religious orders who did not live in monasteries but out in the world.
• K)A body of English law established by King Henry II's court that in the next two or three centuries became common to the entire country.
• L)A peace treaty intended to redress the grievances that particular groups had against King John; it was later viewed as the source of English rights and liberty more generally.
• M)Church law, which had its own courts and procedures.
• N)Grants by the pope that lessened or eliminated the penance that sinners had to pay on earth and in purgatory before ascending to heaven.
• O)The term used by early medieval writers to refer to the realm of Christianity.
• P)An inheritance system in which the oldest son inherits all land and noble titles.

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Definitions:

Profit Maximizing

A financial strategy or goal of businesses to achieve the highest possible profit, where marginal revenue equals marginal cost.

Marginal Revenue

The additional revenue a firm gains from selling one more unit of a good or service.

Monopolist

A market participant that is the sole seller of a product or service, having significant control over its price.

Demand Curve

illustrates the relationship between the price of a good and the quantity of that good consumers are willing and able to purchase at various prices.