Prices for products became more affordable as a result of new forms of , which got things to market faster and cheaper.

Profits are maximized when marginal revenue and marginal costs are a. set c. equal b. less than market price d. greater than market price

Respond to the scenario regarding spanish colonial life in latin america.you are a creole living in venezuela. your family is wealthy and you are well educated. through your education, you have learned about enlightenment ideas regarding life, liberty, and property. although you are not in a position of power, you enjoy a comfortable life. when a revolution spreads in your country, you are faced with a decision to become a supporter of venezuelan independence, or support spain, and your current way of life. what do you do? write 5 paragraphs

Why might the spanish government have approved of the encomienda system? a the system allowed for fair treatment of all under it, leading to a happy and prosperous colony. b the system used natives as slaves which meant the government was able to maximize their profit of exported goods. c the system allowed for mostly profitable trade within the different colonies. d the system was a great example of how to successfully run a colony, making spain a world power.