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If the price of a variable resource increased for the typical firm, there would be
Hawai'i
A U.S. state located in the Pacific Ocean, recognized for its diverse natural scenery, warm tropical climate, and as a host of a unique Polynesian culture.
Slave Power
A term used to describe the perceived political and economic control that slaveholders had in the United States government before the Civil War.
Kansas-Nebraska Act
An 1854 legislation that created the territories of Kansas and Nebraska, leaving the decision about slavery to be determined by popular sovereignty, leading to violent conflict in the region.
Whig Party
A political party active in the middle of the 19th century in the United States, which advocated for the supremacy of Congress over the Presidency and favored modernization and economic protectionism.
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