Which scholar argues the following Plantations have no significant advantage over peasants [for] crops for which centralized processing and marketing are not necessary Cocoa and coconuts are typical examples of a lack of large scale economies Peasants can grow and process these crops in small lots with no large capital requirement beyond small indigenous tools and facilities ?

Related Mcqs:

1. Cocoa is a tropical plant and requires heat and moisture. Which of the following countries is leading in cocoa productions in the World ?

   A. Brazil
   B. Nigeria
   C. Ghana
   D. Ivory Coast

2. Suppose Handel’s Ice Cream experiences economies of scale up to a certain point and diseconomies of scale beyond that point. Its long-run average cost curve is most likely to be ?

   A. downward sloping to the right
   B. U-shaped
   C. Horizontal
   D. upward sloping to the right

3. An industry that realizes such large economies of scale in producing its product that single-firm production of that good or service is most efficient is called ?

   A. a fixed cost monopoly
   B. a natural monopoly
   C. a government franchise monopoly
   D. a economies of scale monopoly

4. Peasants are ?

   A. rural politicians
   B. rural cultivators
   C. rural industrialist
   D. rural, religious group

5. Economies of Scale meaning ?

   A. Cost on all products
   B. Reduced per unit Cost 
   C. Higher per unit Cost
   D. None of these

   Submitted by: Adnan Rai

6. When internal economies of scale occur ?

   A. Total costs fall
   B. Marginal costs increase
   C. Average costs fall
   D. Revenue falls

7. If a firm is not operating at the output necessary to achieve all scale economies, it has not achieved its ?

   A. Efficient scale
   B. Average efficient scale
   C. Maximum efficient scale
   D. Minimum efficient scale

8. A case when internal economies of scale bring about a continuously falling average cost curve that makes having more than one firm in an industry inefficient is illustrative of ?

   A. a natural monopoly
   B. an LDC’s limit of one firm to an industry
   C. an individual firm facing a horizontal (perfectly elastic) demand curve in LDCs
   D. The existence of oligopoly

9. Mention the term which is used for the large-scale removal of individual and corporate investment capital and income from a country ?

   A. Money flight
   B. Capital drain
   C. Free flow
   D. Capital flight

10. The growth rates of economies tend to converge because ________ is easier when capital per worker is low and because of?

    A. capital-widening technical innovation
    B. capital-widening Catch-up in technology
    C. capital-deepening technical innovation
    D. capital-deepening, catch-up in technology