Signature Assignment: Economic Concentration Evaluation
Description
Write paper evaluating economists’ assessments of the role the 4 factors of production played in determining how the economic concentration you selected has evolved.
Complete the following in your paper:
*Analyze how the economic concentration in the area you chose was influenced by competition and pricing.
*Analyze how the economic concentration in the area you chose influenced the supply chain.
*Analyze which of the 4 factors of production were the most and least important in determining the economic concentration of the area you chose.
*Predict changes you anticipate for the area of economic concentration you chose. Support your predictions.
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