In the medieval period, some lords would allow markets at their manor. In this scenario, a merchant is looking to sell his goods at a growing manor. This manor has many people who need everyday items. The lord of the manor will allow outside merchants at the market, but will charge the merchant a 25% tax on all profits made at the market. To reach the market, the merchant must pass through another lord’s land. That lord charges a toll for any people who cross his land. How would you advise the merchant? Would you recommend that he sell goods at this market? What are the costs of selling goods at a market in this lord’s manor?

positive outcomes for the merchant selling goods here?

Based on your understanding of the medieval economy, think about whether the merchant should continue to sell goods at this marketplace. How would you advise the merchant? Would you recommend that he sell goods at this market? Give two reasons for your answer.