In a World of Perfect Certainty,sharecropping Would Be Less Efficient

question 3

Multiple Choice

In a world of perfect certainty,sharecropping would be less efficient than a farm owner working his own farm because

• A)sharecroppers receive only half of their marginal product.
• B)paying a worker a wage gives him or her an incentive to shirk.
• C)sharecroppers are exploited by landlords.
• D)renting farmland concentrates risk on the renters.
• E)all of the above.

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Definitions:

Atomic Nucleus

The central core of an atom containing protons and neutrons, which accounts for most of the atom's mass.

Alpha Particle

A type of ionizing radiation consisting of two protons and two neutrons, equivalent to a helium-4 nucleus.

Atomic Nucleus

The small, dense region at the center of an atom, containing protons and neutrons and holding most of the atom's mass.

Beta Particle

A high-speed electron or positron emitted during the radioactive decay of certain atomic nuclei.