Problem
1. The more specialized a factor of production the higher its productivity, but the lower its mobility. Why is this?
2. How would you assess whether Britain was overpopulated or underpopulated?
3. Why might (a) companies producing goods and services, and (b) local and central government be interested in whether future trends will show an expanding, declining, or ageing population?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.