Reference: Ref 5-2 (Figure: Slave Redemption) Refer to the figure. When slave redeemers enter the market, the price of slaves:
A) increases to $40.
B) decreases to $17.
C) stays unchanged at $40.
D) exceeds $40.

Question

Reference: Ref 5-2 (Figure: Slave Redemption) Refer to the figure. When slave redeemers enter the market, the price of slaves:
A) increases to $40. 
B) decreases to $17. 
C) stays unchanged at $40. 
D) exceeds $40.

Quizplus · Accepted Answer

The Answer of  Reference: Ref 5-2 (Figure: Slave Redemption) Refer to the figure. When slave redeemers enter the market, the price of slaves:
A) increases to $40. 
B) decreases to $17. 
C) stays unchanged at $40. 
D) exceeds $40.

Reference: Ref 5-2 (Figure: Slave Redemption) Refer to the Figure