3 ms·
how is there a difference? less cost = less capital = less resources.
by gfodor 12y ago
how is there a difference? less cost = less capital = less resources.
- mycatbijou 12y agoWater is cheap.
- willyt 12y agoHuman capital. Fertile ground is better used for food crops rather than animal feed crops. Marginal land is most efficient for grazing livestock. But hill farmed livestock is labour intensive and skilled dirty uncomfortable work to boot. Labour is expensive.
- reitanqild 12y ago> skilled dirty uncomfortable work Grew up on a farm on marginal land. Actually liked it.
- tripzilch 12y agoThey're only correlated up to a point. If you optimize for cost, you'll end up at a different maximum than if you optimize for resource usage.