The actions of the slave redeemers would discourage governmental rescue efforts.
The higher price of slaves would increase quantity supplied and more people would be captured to slavery.
4.The concept of elasticity of supply measures how responsive the—— is to a change in———
5.If the supply of slaves is inelastic, then an increase in price of slaves will lead to a———– in quantity supplied. If the supply of slaves is elastic, then an increase in price of slaves will lead to a———- in quantity supplied.
6.Tyler Cowen’s presentation of the possible counterproductive nature of the good-intentioned idea of slave redemption points to the need to pay attention to———— consequences of any idea, program or policy.
any help plz