Why was the maritime fur trade so profitable?

Question

(1 point)
Responses

The Chinese honored European merchants with lavish gifts.
The Chinese honored European merchants with lavish gifts.

There was so much sea otter fur in China that the price increased.
There was so much sea otter fur in China that the price increased.

Demand for the sea otter fur was low, so the price increased.
Demand for the sea otter fur was low, so the price increased.

Sea otter fur was scarce in China, so the Chinese paid high prices for it.

Answer 1

The correct response is:

Sea otter fur was scarce in China, so the Chinese paid high prices for it.

This answer reflects the high demand and limited supply of sea otter fur, which made it a highly valuable commodity in the maritime fur trade.

Answer 2

what's the awnser

Answer 3

The answer is:

Sea otter fur was scarce in China, so the Chinese paid high prices for it.

This indicates that the rarity of sea otter fur in China led to high demand and profitability in the maritime fur trade.

Answer 4

thank you so much

Answer 5

You're welcome! If you have any more questions or need further assistance, feel free to ask. Happy studying!