Which progress illustration was Pilgrims

Agricultural productivity within Massachusetts Bay Colony increased while Native Americans showed Pilgrims how crops grow faster and better when rotten fish are dropped in along with newly-planted seeds. This new knowledge for the Pilgrims was an illustration of: (1) comparative advantage. (2) economies of scale. (3) technological progress. (4) gains from specialization. (5) geographic adaptation.

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

View Complete Question

Related Questions in Managerial Economics

Q : Depression - Phases of business cycle

Illustrates the term dispersion of phrases of business cycle?

Q : Equilibrium in purely competitive

As the labor market within a purely competitive economy is into equilibrium: (1) the marginal benefits by unemployment exceed unemployment compensation. (2) the marginal benefits and marginal costs from employment are equal. (3) econo

Q : Illustrates the steps in formulating

Illustrates the steps in formulating pricing policies in details?

Q : Making a decision regarding resource

To make a decision regarding resource hire, the firm should take as: (w) the price of the resource. (x) the productivity (Marginal Price) of the resource. (y) output prices. (z) All of the above. How can I solve my Economic

Q : Exceptional demand curve what is

what is exceptional demand curve and its explanation?

Q : States the term Demand Estimation

States the term Demand Estimation.

Q : Marginal Factor or Resource Costs The

The words “marginal factor costs” or “marginal resource costs” taken as to the: (w) extra cost involved in producing an additional resource. (x) extra cost involved while producing an additional unit of a resou

Q : Requirement of Screening Boris operates

Boris operates a local landscaping company, needs each potential employee to lift a 200 pound tree before being hired whole-time. This obligation is an example of: (1) signaling. (2) discrimination. (3) screening. (4) derived demand. (5) automation.

Q : What are the reasons for adopting

What are the reasons for adopting penetration price strategy?

Q : Explain about cartel in economics A

A cartel is: (a) an oligopoly model which relies on interdependence. (b) an organization of oligopolist firms behaving like a monopoly. (c) an organization of firms that jointly make decisions. (d) All of the above.

Discover Q & A

Leading Solution Library

Avail More Than 1450008 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1939351
Asked

3,689

Active Tutors

1450008

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment