One Argument for the End of Slavery Was That It

question 68

Multiple Choice

One argument for the end of slavery was that it was

• A) cheaper to turn African-Americans into dependent sharecroppers.
• B) immoral and violated universal human rights.
• C) leading to the overpopulation of African-Americans.
• D) slowing down technological development.
• E) All of these

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Definitions:

Total Revenue

The entire amount of income generated by the sale of goods or services.

Marginal Revenue

Marginal Revenue is the additional income generated from selling one more unit of a good or service.

Pure Monopolist

A market structure characterized by a single seller selling a unique product in the market without any close substitutes.

Marginal Revenue

The additional revenue a firm receives from selling one more unit of a good or service.