| ▲ | hatthew 12 hours ago | ||||||||||||||||||||||
Similarly > Crop yields increase 3-5× > Farmers go from $600/acre to $14,000/acre revenue Wouldn't that revenue jump require a 23x increase in crop yield? | |||||||||||||||||||||||
| ▲ | abdullahkhalids 12 hours ago | parent [-] | ||||||||||||||||||||||
Let's be very charitable and figure out a scenario where this could be true. Suppose, a farmer has a farm which produces 1 unit of crop. Farmer uses 0.8 of the crop for subsistence and sells 0.2 of the crop. They get $600/acre. Now, crop yields go up 5x, so now the farm produces 5 units of crop. Subsistence needs are the same, so the farmer is now able to sell 4.2 units of crop. This is 4.2/0.2 = 21 times more revenue or $12,600/acre. | |||||||||||||||||||||||
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