How Do Household Chores Relate to Changes in Subsistence Strategies

question 43

Multiple Choice

How do household chores relate to changes in subsistence strategies?

• A) Household chores increase with increasing agriculture.
• B) Household chores decrease with increasing agriculture.
• C) Household chores increase when shifting from foraging to pastoralism.
• D) Household chores decrease when shifting from foraging to pastoralism.

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Definitions:

ATC

Stands for Average Total Cost, which is the total cost of production (fixed plus variable costs) divided by the number of units produced.

Economic Profits

A reiteration emphasizing the calculation that includes total revenues minus total costs, where total costs consider both the explicit and implicit costs.

Competitive Price-searcher Market

A market structure where firms have some degree of market power, enabling them to set prices above marginal cost, but must consider competitor prices to attract consumers.