Question

Suppose the 100 people in society X all know the same 10 facts, while the 10 people in society Z 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, which society has a higher standard of living

Answer 1

29 times

Explanation:

Given :

Society X ;

Population = 100

Number of facts known = 10

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

Society X:

Population = 19

Common fact known by 9 = 5

Specialized fact, known by 10 = 5 * 10 = 50

Total facts = common + specialized = 55

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

Number of times society Z is better :

2.8947368 / 0.1 = 28.947 times

Approximately 29 times