The Primary Source of Labor for America's First Tobacco,indigo,and Cotton

question 32

Multiple Choice

The primary source of labor for America's first tobacco,indigo,and cotton plantations were from:

• A)African slaves
• B)Indentured servants
• C)Yeomen farmers
• D)Native Americans
• E)single women and children

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Definitions:

Variable Costs

Expenses that change in proportion to the amount of goods produced or the volume of sales.

Fixed Cost

Costs that remain constant in total regardless of changes in the volume of activity or production level.

Cost Per Unit

The average cost to produce one unit of a product, calculated by dividing total production costs by the number of units produced.

Activity Level

A measure of the volume or quantity of work performed or production achieved in a specific period.