Change: and "On the next day of trading what is done with the excess coal? Will the price of coal be deflated due to excess supply over demand?demand?"OK, skip forward 7 days. The economy has been restored, the   View changes from previous version. (Word count: 1128)

Change: As a people, we require the support of many others to survive and live the way we do (and have done for thousands of years),   View changes from previous version. (Word count: 1126)

Change: Store half of the coal thus fixing it at the rate of 2:1. 100 food / 50 coal = 2.00 exchange rate. The farmers won't   View changes from previous version. (Word count: 877)

Change: There will always be a limited supply; there will always be an infinite demand. All leaders must realise this as they attempt to satisfy the infinite demands of their people.Par example; returning to Average Town each citizen needs 2   View changes from previous version. (Word count: 381)

Change:  They have a medium sized farm, an averaged size population of 100 people and an averaged size coal reserve. Each day they produce 100 coal units and 200 food units. Each person needs 2 food and 1 coal each day to survive.The town can be described as autarkic.   View changes from previous version. (Word count: 255)

Change:  some may live near areas of fertile land and become farmers. Economics comes into play on several levels here.MicroeconomicsLocal EconomicsLocal economics is economics on a strictly local scale.   View changes from previous version. (Word count: 187)

Change: Created by Marsden Jun 16 2010, 4:13 PM EDT for: no reason given