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    Northwest Florida State College
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Category > Economics Posted 03 May 2017 My Price 9.00

In 541 a.d., an outbreak of bubonic plague hit the Byzantine Empire

3.7 In 541 a.d., an outbreak of bubonic plague hit the Byzantine Empire. Because the plague was spread by fleainfested rats that often lived on ships, ports were hit particularly hard. In some ports, more than 40 percent

of the population died. The emperor, Justinian, was concerned that the wages of sailors were rising very rapidly

as a result of the plague. In 544 a.d., he placed a ceiling on the wages of sailors. Use a demand and supply graph of the market for sailors to show the effect of the plague on the wages of sailors. Use the same graph to show the effect of Justinian’s wage ceiling. Briefly explain what is happening in your graph.

 

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Status NEW Posted 03 May 2017 12:05 PM My Price 9.00

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