Which of These Was Not Achieved by the Thai Kingdom

question 35

Multiple Choice

Which of these was not achieved by the Thai kingdom during the 13?? to 15?? centuries?

• A) Adoption of Hinayana Buddhism.
• B) Defeat of the Mongol intruders.
• C) A much-copied system of land tenure.
• D) Advanced codes of laws.
• E) Standardization of language.

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Definitions:

Variable Costs

Variable costs are expenses that change in proportion to the activity of a business.

Financial Break-Even

The point at which total revenues are equal to total fixed and variable costs, resulting in a net income of zero.

Soft Rationing

Internal limitations set by a company on the amount of funds allocated for new investments or projects.

Operating Leverage

A measure of how revenue growth translates into growth in operating income, demonstrating the proportion of fixed versus variable costs a company has.