The Type of Society That Typically Operates as a Gerontocracy

question 7

Multiple Choice

The type of society that typically operates as a gerontocracy is

• A)hunting and gathering.
• B)industrial.
• C)pastoral,horticultural,or agrarian.
• D)postindustrial.

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Definitions:

Farmer

An individual involved in agricultural activities aimed at producing food, feed, fiber, and other goods by the systematic raising of domesticated plants and animals.

Labor Demand Curve

A graphic representation showing the relationship between the quantity of labor demanded by employers and the wage rate.

Marginal Product Curve

A graphical representation that shows how the output of a product changes when the quantity of a single input is altered, while keeping all other inputs constant.

Price

The sum of money anticipated, needed, or handed over as a payment for an item.