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The following questions refer to the excerpt below.
"Friday Night last a Sloop from St.Anguilla,came to Anchor in Nantasket Road . . .The said Master further informs us,that while he lay at Anguilla a Bermudas Sloop arrived there from St.John's,the Master of which informed him,that the Number of Whites destroyed by the Negroes of that Island did not exceed 60,some having found Means to escape their Fury.That they kill'd all the Men and aged Women,that they could lay their Hands on,and debauched the young Women,and that they kept Possession of the Island and Fort for 8 Days,when a Number of Whites and Negroes came from St.Thomas's and attack'd the Fort,which they took after a stout Resistance;and among the rest,had the good Luck to take the Ringleader or Captain of the Black Gentry,whom they flea'd alive,and tortured several others of them to Death.Upon this Defeat,most of the Negroes that were scattered about upon the Island,took all the Canoes and other small Craft they could find,and quitted the Place,and 'tis thought they are gone to Cape Fransway,&c.This Rising of the Negroes at St.John's,has so alarmed our Islands,that they keep 30 or 40 Men every Night upon the Watch upon each Island,to prevent a Surprize.'Tis further said,that all the Islands in the West Indies are under Apprehensions of a War. . ."
John P.Zenger,New-York Weekly Journal,March 11,1733
-All of the following were true of the period described in the passage,except that
Fair Rate of Return
An acceptable profit level for an investor or entrepreneur, typically established by regulatory agencies for monopolies or utilities.
Average Fixed Cost
The total fixed costs of production divided by the quantity of output produced, illustrating how fixed costs spread over units decrease with increased production.
Antitrust Action
Legal measures taken by governments to prevent or reduce monopolies and promote competition among businesses.
Economies of Scale
Cost advantages that businesses obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.
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