"the said cooper hughs freedman with his to work on said farm and to cultivate forty acres in corn twenty acres in cotton, to assist in putting the fences on said farm in good order and to keep them so and to do all other work on said farm necessary to be done to keep some in good order and to raise good crop and to be under the control and directions of said ig bailey and to receive for there said one half of the cotton and one third of the corn and fodder raised by them on said farm in said year the said ig bailey party of the first part, agrees and binds himself to furnish necessary mules and farming implements to cultivate said " ~contract, marshall county, mississippi, 1867 what kind of arrangement is agreed to in this contract? a. sharecropping b. black codes c. grandfather clause d. ten percent plan

levels of production can be increased by technology while holding labor and capital constant, because increased technology makes the production process more efficient. subsequently, the lras curve is almost a vertical line, that can shift to the right, with an increase in technology.

the relationship between the lras curve and the ppc is that both can make the economy could grow. the ppc achieves that when it shifts outward because of more resources or technological advances while the lras curve shifts if more resources are developed or if there are technological advances.

the lras curve is a vertical line at an output level that represents the number of goods and services a nation can produce over a sustained period using all of its productive resources as efficiently as possible with all of the current technology available to it.

the production possibilities frontier (ppf) is a graphical device that is used for economic analysis of production decisions because the ppf measures the maximum possible combinations of two goods that an economy is capable of producing with its currently available resources and technology.

south, because if you took a map you would see texas is directly in the middle of east and west, but it is also downwards towards mexico, therefore it is south