What would happen to the market area of the factory

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Question: In our study of why factories develop, we went over how to graphically depict the market area of a factory. Graphically depict how the market area of a factory is determined. On the same graph, show what would happen to the market area of the factory if transportation costs were to increase. Make sure to label the axes and all of the curves that you plot.

Reference no: EM133552671

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