Explain what the following statement means: A societies food production is separated from its food consumption.
The food production in a society is separated from its consumption by various ways. This means that food is produced from diverse environments and geographical locations, and it separated from the area of consumption and the nature of consumption by both internal and external factors in the population. It can also be seen that food production and consumption goes hand in hand, but diversely in a manner that required to be tallied and correlated and varied at the same time.
Explain what the following statement means: A societies food production is separated from its food consumption.
2. Consider a country with Leontief preferences such that food consumption is always equal to two times clothing consumption. The country's production possibility frontier (PPF) is described by QF-200-2Qc, where QF and Qc are production of food and clothing and where Qp> 0 and Qc>0 (i.e production cannot be negative) a. What is the pretrade relative price of clothing, pe? Explain. b. Derive algebraically the solution for pretrade consumption of food and clothing the point of production and consumption and...
19) What is the connection between West African food production and geographical location of ethnic groups? West African societies did not engage in cattle production due to recurrent drought. West African societies grew identical grain crops throughout the region. West African societies were hunter-gatherers because of the Atlantic Ocean. West Africans produced different foodstuffs depending upon geographical location.
Indentify if the following statement is true or false, and explain. If consumption is given by C = a + b(Y − T) and investment is given by I = f − hr, then a tax cut has no effect on equilibrium investment in the long run in the loanable funds model.
I need help drafting a thesis statement for my topic. What I want to talk about is- "food security connected with illnesses". Overall I want to talk about how health problems related to food quality and quantity (such as diabetes, obesity, heart disease) are specifically correlated with poor diet and consumption of cheap, highly processed foods. These happen to be the only foods available in many food scare areas since they mainly have convenience and liquor stores to purchase food from...
Ecosystems How is food chain different from a food web? Explain the difference between gross primary production and net primary production? What is the role of plant metabolism (respiration) in productivity? Why is energy lost from a food chain? Where does it go? Is it destroyed'? What limits NPP? What patterns exist in NPP in oceans vs terrestrial ecosystems? Are nutrients involved with NPP? Which ones? What trophic level (group of organisms) is needed for every ecosystem? What do the...
Indicate if the following statement is true or false. Explain your arguments from economic viewpoint “If the production of health care generated positive externalities, the welfare costs of moral hazard would be smaller than those suggested by M. Pauly’s analysis” Pauly's analysis of the welfare effects of moral hazard assumes that consumption of health care does not increase with income, however, empirical evidence suggests it does.
Explain a major regulation for protecting food from carcinogens and discuss its purpose.
What are the principal means by which heat is transferred from hot body to a cold body when they are separated by (i) a vacuum, and (ii) a silver bar? Explain your answers.
4. Specialization and tradeWhen a country specializes in the production of a good, this means that it can produce this good at a lower opportunity cost than its trading partner. Because of this comparative advantage, both countries benefit when they specialize and trade with each other.The following graphs show the production possibilities frontiers (PPFs) for Maldonia and Lamponia. Both countries produce potatoes and coffee, each initially (i.e., before specialization and trade) producing 18 million pounds of potatoes and 9 million...
2. Production Possibilities: (a) Suppose an economy produces food and housing. Draw and explain the char- acteristics of its production possibility curve. Explain the impact of (i) a new technology that improves food production and (ii) a new invention that improves both food and housing production. (b) Explain how improvements in education may shift an economy's production pos- sibility frontier. (c) Consider the following three uses of government spending: the purchase of a nu- clear weapon, a “hot meals" program...