From a resource standpoint, the important point of this comparison is that including the marginal external costs of production and allocating resources based on the full social cost results in a higher price for the good (Ps > Pp) and less output (Os < Op) than only including the private costs.
Today, the nation's farmers are 17 years older than the average American worker, with the ranks of farmers who are 75 years and up outnumbering those in their prime working years of 35 to 44. One big reason U.S. farmers are going gray: spiraling costs.
To work for NATS, you must be 13 or older by the time the season begins. (We say July 1st for simplicityâs sake). Although the legal age in Nebraska is 12, some seed corn companies have older age restrictions and require that anyone who enters their fields be at least 13. Unfortunately, we CANNOT make exceptions to the age rule, because it would cause us to not be in good standing with the seed corn companies.