<span>The Marginal Rate of Substitution refers to the rate the consumer is willing to trade for another good to maintain the level of satisfaction. It is described by ratio of prices. Maximum satisfaction is achieved when trade offs between two goods are equal. </span>
Babylonia had a number of rulers, but I think the one you mean, the one that is particularly know for the laws was Hammurabi (who lived in 18th and 17th century BC). The law is known as the Code of Hammurabi.
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In ancient Egypt, iron was known to be "the metal from heaven" . Iron was often used in tools, weapons, jewelry, and other fine items associating iron with power and royalty.
An sample advertisement could have been something along the lines of, "Treat yourself like a deity and drape yourself in the metal from heaven".
Good diplomatic relations with other countries is the key to prosperity of each nation. Every nation has its strong and weak points. Some nations have a strong infrastructure and finances while others are gifted with natural resources. A good diplomatic relation with nations helps each nation to progress and grow- thanks for the points
