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When the Supply Curve of Slaves Is Perfectly ________, Every

Question 55

Multiple Choice

When the supply curve of slaves is perfectly ________, every slave bought by the redeemers results in/is ________ held in captivity.


A) inelastic; more slaves
B) inelastic; one less slave
C) inelastic; redeemed at a lower price than expected
D) elastic; redeemed at a higher price than expected

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