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Quote:
(A) The Ming government imposed restrictive policies that significantly delayed the voyages and raised their operational costs.

Q2: What if raising operational costs is not the same as making them unprofitable? Something can be more expensive but still very profitable as long as it was VERY profitable in the beginning 😇

Q2. Which of the following, if true, would most undermine Ray’s position regarding the efficiency of the Chinese state-controlled maritime trade during the Ming dynasty?
You are right that raising operating costs is not the same as making them unprofitable. However, Q2 talks about 'efficiency', not 'profitability'. An enterprise can be profitable, but not efficient- a common criticism of state-run enterprises. Therefore, we're looking for arguments (Option A), that shows that this was ineffecient.



Quote:
Q4: There is an argument and sort of a counter-argument happening with Ray arguing against the profitability 🤷‍♂️
I am not sure I feel very fuzzy and warm about the explanation for question 4's incorrect answers 👀


There could be confusion over 2 options so I've made a tiny fix there.
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