What Was the Standard Punishment for Runaway Indentured Servants in the American

question 20

Multiple Choice

What was the standard punishment for runaway indentured servants in the American colonies when they were caught?

• A) They were severely whipped.
• B) Their contract was extended.
• C) Their contract was null and void.
• D) They were sold to the highest bidder.

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Definitions:

Total Revenue Product

The total revenue product is the total revenue generated by a factor of production, such as labor or capital, based on its marginal product and the price of the goods or services produced.

MRP

Marginal Revenue Product, the additional revenue generated from employing one more unit of a resource.

Capital

Resources made and used to produce goods and services, including tools, equipment, machinery, and buildings.

Labor

The application of both mental and physical human capacities for the generation of goods and services.