Author Question: The absence of significant scale economies in 19th century agriculture outside the cotton South ... (Read 77 times)

jCorn1234 · **on:** Jun 30, 2018

The absence of significant scale economies in 19th century agriculture outside the cotton South produced all of the following except

(a) More equal income distribution
(b) Numerous family farms
(c) The widespread need for schools
(d) Large, corporate farms using the latest technology

Question 2

The impact of immigration on an economy's steady state capital-labor ratio is reduced to the extent that the immigrants tend to ________ than the native population.

A) save more
B) have higher fertility
C) have lower income
D) be younger