Question

Suppose that the 100 people in society C all know the same 10 facts, while the 10 people in society D specialize, with each person knowing 5 unique facts as well as 5 facts also known by the other 9 members of the society. If the standard of living is roughly equivalent to the average number of social facts known per person, how many times better is the standard of living in society D

Answer 1

29 times

Explanation:

Given :

Society C ;

Population = 100

Number of facts known = 10

Average fact known per person = known fact / population = 10 / 100 = 0.1

Society D:

Population = 19

Common fact = 5

Specialized fact = 5 * 10 = 50

Total facts = 55

Average fact known per person = 55 / 19 = 2.8947368 fact per person

Number of times society D is better :

2.8947368 / 0.1 = 28.947 times

Approximately 29 times