1.1. During the Middle Ages, the African city of Taghaza quarried salt in 200-pound blocks to be...

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1.1. During the Middle Ages, the African city of Taghaza quarried salt in 200-pound blocks to be sent to the salt market in Timbuktu, in present day Mali. Travelers report that Taghazans used salt instead of wood to construct buildings.

Compared with other towns without big salt mines, was the demand for wood more elastic or less elastic in Taghaza? How do you know?

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Modern Principles Microeconomics

ISBN: 9781429239998

2nd Edition

Authors: Tyler Cowen, Alex Tabarrok

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