All of the Following Are True of Slavery in the Old

question 102

Multiple Choice

All of the following are true of slavery in the Old South except

• A)90% of slaves went to the Old South.
• B)More slaves went to Maryland than South Carolina.
• C)The majority of slaves arrived from Africa on overcrowded ships.
• D)Slaves did most of the manual labor.
• E)In South Carolina, slaves outnumbered the rest of the population.

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Definitions:

Fixed Cost

Fixed cost refers to a cost that does not change with the level of output or sales in the short term, such as rent, salaries, or loan payments.

Sunk Cost

Costs that have already been incurred and cannot be recovered or altered.

Incremental Revenues

Additional income received from a particular action or decision, beyond what would have been received without it.

Direct Material

Raw materials that are directly traceable and allocable to the production of goods or services.