When the supply curve in the Sudanese slave trade is perfectly ________, every slave bought by the redeemers results in/is ________ held in captivity.
A) inelastic; more slaves
B) inelastic; one less slave
C) inelastic; redeemed at a lower price than expected
D) elastic; redeemed at a higher price than expected

Question

Quizplus · Accepted Answer

When the supply curve is perfectly inelastic, it means that there is no change in the quantity supplied regardless of the change in price. In the context of the Sudanese slave trade, it implies that every slave bought by the redeemers results in one less slave held in captivity. Therefore, option B is the correct choice.

When the Supply Curve in the Sudanese Slave Trade Is