Imagine a foraging society that operates largely according to principles of generalized reciprocity, just prior to being colonized. Now defend the following statement: "Capitalism is not just an economic system; it is also a cultural system."
What will be an ideal response?
Answers will vary
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Most anthropologists today are cultural ecologists
a. True b. False
Which of the following statements about shifting cultivation is true?
A. It is typically associated with the use of draft animals. B. It relies extensively on chemical fertilizers. C. It requires irrigation. D. It cannot support permanent villages. E. It requires cultivators to change plots of land, with the fallowing durations varying in different societies.
From a gene's perspective, the "environment" is made up mainly of __________
a. nutritional factors b. factors such as air temperature and atmospheric gasses c. body temperature d. other genes
Answer the following statements true (T) or false (F)
1) The managers of monopolies, monopolistically competitive firms, and dominant firms all use marginal analysis to determine the profit-maximizing quantity of production. 2) If at its production level, the manager of a firm with market power has a marginal cost of $1.25, is charging a price of $5.00 and has estimated the price elasticity of demand to be 1.3, the manager is charging the profit-maximizing price. 3) For a firm with market power, the profit-maximizing markup of price over marginal cost depends on the price elasticity of demand. 4) If there are very few substitutes for Frozen Super Paws Treats, the firm will have a smaller elasticity and less markup. 5) Barriers to entry create a deadweight loss for society.