Discuss the effectiveness of the slave redemption programs in Sudan when it is assumed that the elasticity of the supply of slaves is perfectly inelastic

 Slave redemption programs in Sudan

Discuss the effectiveness of the slave redemption programs in Sudan when it is assumed that the elasticity of the supply of slaves is perfectly inelastic. Use a supply and demand diagram to help illustrate your response.

Answer the following question

What do you mean by ‘Rational ignorance? How rational ignorance impact on economic development of a country? Explain giving examples.

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