About What Percentage of the Slave Population of the Upper

question 35

Multiple Choice

About what percentage of the slave population of the Upper South was uprooted and sold to the Lower South in the internal slave trade between 1820 and 1860?

• A) 50 percent
• B) 10 percent
• C) 25 percent
• D) 90 percent

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Definitions:

Profit-Maximizing

The process by which a company determines the price and output level that generates the maximum profit.

Marginal Cost

The increased cost resulting from the production of one more unit of a product or service.

Revenue

The total income received by a business or organization from its normal business operations.

Cost

is the monetary valuation of effort, material, resources, time, and utilities consumed, goods or services produced, or other expenses incurred.