Conrad and Meyer (1958) counter Fogel and Engerman's (1974) claim that slave breeding was a myth by arguing that any profit-maximizing slave owner would consider slave breeding as long as:
A) The expected rate of return from slave sales fell below the costs of rearing the slave to the age of sale.
B) Slavery was an irrational institution.
C) The expected rate of return from slave sales exceeded the costs of rearing the slave to the age ?of sale.
D) Slavery was an immoral institution.
Correct Answer:
Verified
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