Why Was It Difficult to Use Advanced Technology on Cotton

question 9

Multiple Choice

Why was it difficult to use advanced technology on cotton crops?

• A) Masters in the South could not afford it.
• B) Cotton ripened at varying times, and machines could not predict the timing.
• C) Masters wanted to keep their slaves busy, so they avoided the use of any time-saving equipment.
• D) African-American slaves refused to use machines to process cotton.

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Definitions:

Marginal Revenue Curve

A graphical representation showing the change in total revenue with respect to changes in the quantity of goods or services sold.

Downsloping

Characterizes a line or curve on a graph that decreases in value as it moves from left to right, often used in reference to demand curves.

Pure Monopoly Firm

A market structure where a single entity exclusively controls the supply of a product or service without any close substitutes.

Inelastic Range

A portion of the demand curve where changes in price have little to no effect on the quantity demanded of a good or service.