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Subject:
economics
Category: Reference, Education and News > Education Asked by: boobee-ga List Price: $5.00 |
Posted:
23 Jan 2003 21:21 PST
Expires: 30 Jan 2003 16:59 PST Question ID: 147800 |
There are 3 orange juice processing firms located in CA, TX, FL. Costs are lower in some states than others. Why? If this is true then why does not just one state produce all the orange juice for the U.S. market? I would think that factors such as weather and other environmental factors that would affect the growth of oranges would be one factor and maybe such things as poor management and lack of workers. For the second part, I would think that if one firm produced all the orange juice for the US, this would create a monopoly. I would like to hear what answers someone else might have. |
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