According to your textbook, efforts to free Sudanese slaves by buying them in the open market actually
A) increased supply of slaves, which lowered slave prices and increased the size of the slave market.
B) increased demand for slaves, which increased slave prices and increased the size of the slave market.
C) decreased supply of slaves, which increased slave prices and decreased the size of the slave market.
D) decreased demand for slaves, which decreased slave prices and decreased the size of the slave market.
Question 2
Refer to the figure above. Which of the following is true?
A) Firm 2 should follow Strategy X if Firm 1 follows Strategy X.
B) Firm 2 should follow Strategy Y if Firm 1 follows Strategy Y.
C) Firm 2 should follow Strategy X if Firm 1 follows Strategy Y.
D) Firm 1 should always follow Strategy X.
Examples of open and closed ended questons
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