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Why did people begin farming? Discuss at least two of the major theories for the origins of agriculture and their strengths and weaknesses.
Downward Sloping
Describes a line or curve on a graph that represents a decrease or decline in value as one moves from left to right.
Perfectly Competitive Firm
A perfectly competitive firm operates in a market where no single company can influence the price of its product, characterized by many sellers, homogeneous products, and free market entry and exit.
Horizontal Demand
A market situation where the demand curve is perfectly elastic, indicating that consumers are willing to purchase any quantity at a particular price.
Marginal Revenue
The additional income from selling one more unit of a good; sometimes equal to the price of the good.
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