Many Books from the Middle Ages Were Called Illuminated Manuscripts

question 92

Multiple Choice

Many books from the Middle Ages were called illuminated manuscripts because they were ______.

• A) elaborately decorated with colorful designs and illustrations
• B) printed using reflective ink
• C) burned in castle fireplaces to honor God
• D) read aloud in the town square by scholars who explained, or illuminated, the text
• E) None of the options are correct.

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Definitions:

Diminishing Returns

A principle stating that if one factor of production is increased while others are held constant, the output per unit of the variable factor will eventually decrease.

AVC

Average variable cost, which is the total variable cost divided by the quantity of output produced.

ATC

Stands for Average Total Cost, which is the total cost per unit of output produced.

Fixed Costs

Costs that do not vary with the level of production or sales, such as rent, salaries, and insurance, remaining constant regardless of the business activity.