The American Indian groups or Native Americans had no idea of money and no economies, not until the European immigrants introduced it to them. Even though a lot of time has passed when they were introduced to the ideas of economy and money, a lot of them declined the use of money as they believed that money is evil in nature.
Pastoralism is a slightly more efficient form of subsistence. Rather than searching for food on a daily basis, members of a pastoral society rely on domesticated herd animals to meet their food needs. Pastoralists live a nomadic life, moving their herds from pasture to pasture. Because their food supply is far more reliable, pastoral societies can
And horticultural society is an organization devoted to the study and culture of cultivated plants
so the comparison is Horticultural societies grow crops as using simple tools, while on the other hand Pastoral societies raise livestock.
Opium
hope it is the right answer
Answer:
a.Costs initially go down and then go up.
Explanation:
The average total cost curve of an enterprise consists of the sum of the fixed cost curve and the variable cost curve. Fixed costs are those that cannot be eliminated in the short term, such as the utility bill. Varied costs are those that can be reduced if the company decreases the quantity produced. For example, inputs and labor.
Thus, initially the total cost curve tends to decrease as production increases, as fixed costs are slowly diluted as the production process advances. However, at some point this cost curve tends to increase, because if there is no economy of scale, marginal production will be decreasing, ie, after a certain point of production, each additional production will be more expensive (will require more variable costs ) and this will lead to an inflection in the average cost curve, which will increase further.
