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cerisegoat49Lv1
28 Sep 2019
#2. In the US, where land is cheap, the ratio of land to labor used in cattle raising is higher than that of land used in wheat growing. But in more crowded countries, where land is expensive and labor is cheap, it is common to raise cows by using less land and more labor than Americans use to grow wheat. Based on the HO model, can we still say that raising cattle is land intensive compared with farmiong wheat? Why or why not?
#2. In the US, where land is cheap, the ratio of land to labor used in cattle raising is higher than that of land used in wheat growing. But in more crowded countries, where land is expensive and labor is cheap, it is common to raise cows by using less land and more labor than Americans use to grow wheat. Based on the HO model, can we still say that raising cattle is land intensive compared with farmiong wheat? Why or why not?
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