Contemporary observers of slavery such as Cassius M. Clay and Frederick Law Olmstead suggested that:
a. slave labor was much less productive than white labor.
b. slave labor was much more productive than white labor.
c. slave labor and white labor were equally productive.
d. slave labor in the agricultural setting was more productive than slave labor in the manufacturing setting.
a. slave labor was much less productive than white labor.
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What will be an ideal response?
If a construction boom leads to an increase in the price of lumber, how will the higher lumber prices influence the wood furniture market?
a. The demand for wood furniture will decline, and furniture prices will fall. b. There will be a shortage of wood furniture. c. There will be a surplus of wood furniture. d. The supply of wood furniture will decline, and furniture prices will increase.