11 ms·
Probably not because: 1) Farming chickens requires capital investment that might not be available to poorer families. Equilibrium can only be reached if the wo
by mattnewton 10y ago
Probably not because:
1) Farming chickens requires capital investment that might not be available to poorer families. Equilibrium can only be reached if the would-be-chicken-farmers have easy access to credit.
2) Chickens have inherent value; you can consume the eggs yourself as a substitute for other goods you were going to buy, and the meat as well.