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How and to what extent did the respective roles and actions of blacks, free and slave, in both the North and the South, affect the outcome of the Civil War?
Total Expenditures
The sum amount of all spending or expenses incurred by an individual or entity within a specific period.
Price Elasticity
How the requirement for a good shifts in relation to changes in its pricing.
Midpoint Method
A technique used to calculate elasticity by taking the average of the initial and final quantities and the initial and final values.
Total Revenue
The total income received by a firm from its sales of goods or services, calculated as the unit price times the quantity sold.
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