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Deere opened up the Pune [India] center in 2001. Deeres move was unexpected: Deere is known for its heavy-duty farm

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Deere opened up the Pune [India] center in 2001. Deere’s move was unexpected: Deere is known for its heavy-duty farm equipment and big construction gear whereas many of India’s 300 million farmers still use oxen-pulled plows.
a. Why do many Indian farmers still use oxen-pulled plows? Are they efficient or inefficient? Explain.
b. How might making John Deere farm equipment available to Indian farmers change the technology constraint they face?

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a Many Indian farmers use oxen pulled plows because the cost of …View the full answer


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Microeconomics

Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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Question Posted: December 15, 2015 07:13:30
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