Research by Fogel and Engerman shows that, holding other factors constant, output per unit of total input was highest for Southern farms with

Name: Research by Fogel and Engerman shows that, holding other factors constant, output per unit of total input was highest for Southern farms with
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Fogel and Engerman's research indicates that larger Southern farms with more than 50 slaves had higher output per unit of total input due to economies of scale and more efficient management practices.

Research by Fogel and Engerman Shows That, Holding Other Factors