The equilibrium is the price that comes out from adding all the direct related costs in producing the good or service. To this total you have to add the indirect costs, for example, taxes, salaries, etc. Add up both results and you will have the price.
The equilibrium price is the price that covers all your expenses, both direct and indirect. With this price you do not lose nor earn any money.
Answer:
They began to centralize power.
Explanation:
For example, in medieval times, at the height of feudalism, kings did not have standing armies at their disposal, and had to tour the land, looking for military support from the nobles (feudal lords), whose armies were more loyal to them than to the monarch.
This changed as Europe entered the modern age. Kings began to rely on mercenaries and small professional armies, effectively reducing their dependency on military help from the feudal lords.
The same applies for taxation. Monarchs began to develop more efficient methods of tax collection that applied for the whole territory. In the modern era, the absolute kings of France like Louis XIV did not have to rely on the help of the nobles to collect taxes, they could collect all the taxes they needed on their own.
Answer:
Pope Urban II Pope Urban II was a main contributer in the First Crusade. He was born in 1035 and died in 1099 and was pope between the years of 1088 to 1099. He was the major force of power in the church.
Explanation:
I hope this help
Answer:
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