It's industry was based on cotton, which was picked by slaves.
A code that generally prescribes standards of conduct states principles expressing responsibilities and defines the roles and duties of the professionals to whom they apply
<h3>What is standards of conduct ?</h3>
Standards of conduct can be regarded as the principles that list the responsibility as well as duties of individual in the society.
Therefore, conduct states principles expressing responsibilities and defines the roles.
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From the given diagram of PPC, point A represents wastage, inefficiency, and unemployment.
<h3>What is PPC?</h3>
PPC stands for production possibility curve where the effects of two goods are presented graphically.
In the given PPC diagram, there are quantities of two goods represented one is butter on the x-axis and the other is guns on the y-axis. Point A in the diagram represents that the goods are being underutilized in respect of the goods available for disposal.
Therefore, option B is the correct answer.
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