Techniques of many primitive cultures share common feature

Assignment Help Business Economics
Reference no: EM131245370

The agriculture techniques of many primitive cultures share a common feature. There are very few large plots of land; instead, each farmer owns several small plots scattered around the village. Anthropologists have long questioned the reasons for this scattering, because it is more efficient for a farmer to farm a plot of ground that is not scattered over many areas. Why is it rational for these farmers to own many disperse plots of land (and give up output because it is less efficient) instead of consolidating their holdings by trading land with other farmers? (Assume that it is costless to trade.)

Reference no: EM131245370

Questions Cloud

How many times greater can the constant factor : How many times greater can the constant factor be for Shell sort to be faster than Insertion Sort when n = 1000? How many times greater can the constant factor be for Quicksort to be faster than Insertion Sort when n = 1000?
How successfully does he deal with these obstacles : How did the nature of work in American life change from the colonial era (1600-1700s) into the industrial era (1800-1900s)? How did workers respond to these changes? Use examples from class lectures, Sexual Revolution in Early America, and The Jun..
Illustrate how to live and exist in our world today : Economics is used in almost all aspects of life. It is about choice and decision making. An understanding of economics will illustrate how to live and exist in our world today and understand how the business world functions.
Find the power for the given voltage and current : You have the questions and their solutions. You need to write different way of answers, now you have enough time, and time should not be an issue for you.
Techniques of many primitive cultures share common feature : The agriculture techniques of many primitive cultures share a common feature. There are very few large plots of land; instead, each farmer owns several small plots scattered around the village. Why is it rational for these farmers to own many dispers..
Describe either why it is or is not stable : For each one, describe either why it is or is not stable. If a minor change to the implementation would make it stable, describe the change.
Pay particular attention to the stability of the growth rate : We measure economic growth by the percentage change in real GDP. In general terms outline the course of the U.S. output growth rate in recent decades, both in terms of its trend and its changes around trend. Pay particular attention to the stability ..
Devise an algorithm to sort three numbers : Devise an algorithm to sort eight numbers. It should make as few comparisons as possible. How many comparisons and swaps are required in the best, worst, and average cases?
Supply of yen for sale and equilibrium value of the yen : The US relaxes its controls on imports by Japanese companies. Other things being equal, how should this affect the (a) U.S. demand for Japanese yen, (b) supply of yen for sale, and (c) equilibrium value of the yen?

Reviews

Write a Review

Business Economics Questions & Answers

  Demand and market conditions

Discuss industry concentration, demand and market conditions and the pricing behavior of Kodak in the 1990's. Do you think the industry environment is significantly different today.

  What happens to firm b stock price in year

The investors in exercise 2 are surprised by firm's performance in year 5. Instead of being $20 million, the firm's profits are $40 million. What happens to firm B's stock price in year 6 and 7?

  Illustrate what level of q maximizes profit of recycling

AMS recently instituted an in-house recycling program. Profits of this program include not only profits to environment of recycling. Illustrate what level of Q maximizes profit of recycling.

  Considering increasing the full social security retirement

The government is considering increasing the full Social Security retirement age to 75. If this occurs, how do you expect this change would affect how much on-the-job training that workers will want to obtain over their working life?

  First printing has contracts with legal firms

First Printing has contracts with legal firms in San Francisco to copy their court documents. Daily demand is almost constant at 8,500 pages of documents. The lead time for paper delivery is normally distributed with a mean of 2 days and a standard d..

  Proceeded into a slow-growth recovery

The U.S. economy fell into a recession in 2001 and then proceeded into a slow-growth recovery due to a decline in investment. Show how a change in investment can have a big impact on GDP causing a national recession. Illustrate by showing what it loo..

  Loan in cash rather than accepting checking account

If you asked for a loan in cash rather than accepting a checking account, what impact would this action have on the money-creating ability of your bank. What about the banking system as a whole?

  Forward contracts to hedge corporation foreign exchange risk

A treasurer of a corporation is trying to choose between options and forward contracts to hedge the corporation’s foreign exchange risk. Discuss what options you would take if you were the treasurer. Discuss the advantages and disadvantages of each a..

  Product of the store across street is substitute for product

Suppose the manager of a store wants to know whether the product of the store across the street is a substitute for her product. In other words, she would need to know if the _____ for the products is positive.

  Determine whether the rate rise or fall

The federal government is trying to decide what to do with the surplus they expect to have this year. They increase spending on schools. Determine whether the rate rise or fall? Does the loanable funds rise or fall?

  What is fiscal policy

What is fiscal policy? If there were a recession, how could fiscal policy be utilized in an attempt to recreate full employment? What would be appropriate fiscal policy if there were inflation?

  Calculate the quantity demanded at prices

The ABC marketing consulting firm found that a particular brand pf portable stereo has the following demand curve for a certain region: Q=10,000 - 200 P + 0,03 Pop + 0, 6 I + 0.2 A where is Q the quantity per month, P is price ($), Pop is population,..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd