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it costs a lot of money because slave owners had to pay for accommodations so that the slave was intact conditions and that they were going up for a lot of money. also they had to pay for equipment so that slaves can work on a field or plantation. if a slave died they had to buy a new slave which would cost a lot of money which wasn't worth it
You made need more capital or money when building a factory on a plantation then what would be needed if you were starting a household business. This happens because on the plantation you would have to build the factory, as well as hiring a bunch of employees. A household business is much smaller.
markets with high start-up costs are less likely to be perfectly competitive.
Yes. Chemical fertilizers depend on oil as a feedstock, and it takes a lot of energy to make fertilizer. As oil prices rise, fertilizer costs go up.
Why does it cost a lot to set up a plantation? exclude the cost of the factoy
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cotton
The early explorer who set up a plantation relying on slave labor to extract gold was Christopher Columbus. He established the first Spanish colony in the Americas on the island of Hispaniola (now Haiti and the Dominican Republic) and implemented a system where indigenous people were forced to work in mines to extract gold.
the loyalist set up cotton plantations in the bahamas:)
Item (set-up) costs, holding (storage) costs, and shortage costs (demand > product).
You need a new eggtimer.Yours is broken.Buy a brand new one which costs a lot
it costs a lot of money because slave owners had to pay for accommodations so that the slave was intact conditions and that they were going up for a lot of money. also they had to pay for equipment so that slaves can work on a field or plantation. if a slave died they had to buy a new slave which would cost a lot of money which wasn't worth it
mid 19th century mainly plantation industry
*High set up costs - Moulds etc *Complicated process *can only be used for large quantities due to costs
A national park costs about $800,000 - $1,000,000
It is called the Madison Plantation in up state Pitt.