Problem_Set_4_Slavery_in_the_Sudan - Consider the market...

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92 CHAPTER 4. SLAVE REDEMPTION Problems on Applying Supply and Demand to Slavery There are two types of slaves, new and old. New slaves are those who have only just been captured and have been brought to market for the first time. Old slaves are those who have already been placed into slavery. Eradicating slavery requires elimination of both types of slave. Problem 4.1.
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Unformatted text preview: Consider the market for new slaves. If the goal is to reduce the number of persons being bought and sold as new slaves, then what needs to be done to the market demand curve for new slaves and to the market supply curve for new slaves? How might you cause these to happen? What do you propose to reduce the number of people already in slavery?...
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