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.
Within the Lifestyle Poll sample, the average age at marriage was also significantly higher than the average age of marriage for the population at large. Specifically, the average age at marriage for women in the Lifestyle Poll sample was 27.17 and the average age for their husbands was 28.94.