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When the Supply Curve in the Sudanese Slave Trade Is

Question 133

Multiple Choice

When the supply curve in the Sudanese slave trade 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

Correct Answer:

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