Use the following to answer questions: Figure: Slave Redemption -Figure: Slave Redemption with Perfectly Elastic Supply Refer to the figure. Assume the graph illustrates the Sudanese slave trade. If the supply curve is perfectly elastic as it is in the graph, a rise in the demand for slaves (from D₁ to D₂) causes: A) the number of people in slavery to fall to zero after the redemption program. B) the price of slaves to remain unchanged. C) 900 additional people to enter slavery temporarily before they are released. D) the supply of slaves in Sudan to decrease.

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A perfectly elastic supply curve means that the quantity supplied is infinite at any given price. Therefore, the price of slaves will remain unchanged, and there will be no increase in the number of people in slavery. Since the supply is elastic, producers can quickly respond to changes in demand, and any increase in demand will be met with an increase in supply, thus keeping the price constant. Therefore, the rise in demand will not result in an increase in the number of people exploited in slavery.

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