Consider our simple model of a system of factory, Business Economics

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Consider our simple model of a system of factory

Consider our simple model of a system of factory cities.

Why is there more than one city?

Does anyone in the region produce both shirts and bread? Why?

Suppose transportation technology improves. What will happen to the system of cities, holding all else constant?

Suppose production technology improves. What will happen to the system of cities, holding all else constant?

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Business Economics: Consider our simple model of a system of factory

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Business Economics: Consider our simple model of a system of factory

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