Which Colony Had the Largest Number of Slaves in the North

question 24

Multiple Choice

Which colony had the largest number of slaves in the North throughout the eighteenth century?

• A)Massachusetts
• B)Pennsylvania
• C)New York
• D)Rhode Island

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Definitions:

Consumer Surplus

The variance between the total price consumers are inclined and financially capable of paying for a good or service and the amount they actually dispense.

Marginal Utility

The extra utility or satisfaction derived from using or consuming one additional unit of a good or service beyond what was previously consumed.

Total Utility

The total satisfaction received from consuming a particular amount of goods or services.

Marginal Utility

The additional satisfaction or benefit a consumer derives from consuming one more unit of a good or service.