IMPORTANT: Paper should have a paragraph introducing the topic and what will be discussed, and then one paragraph dedicated to each Question. Maximum 4 paragraphs. Paragraphs must have a minimum of 3 sentences. Be sure to use citations and references where needed, minimum of 1 reference required. Use headings, for each question, do not include the assignment question in your paper. Adapted from the Schiller Text: Energy is always in demand and harnessing the sun is an exciting prospect to provide power for homes and cars. Understanding the opportunity costs of converting to solar power as trillions of dollars of resources may be needed for a full-scaled development of solar-power infrastructure is important before any decisions are made. QUESTIONS: Define Factors of Production. Identify specific Factors of Production that would be needed for Solar Power. Define Opportunity Cost. What are the opportunity costs for producing solar-power infrastructure? Should the US encourage investment in solar-power? Why? Why Not? Must include the following terms in your response. Be sure to use them in context within the paper so definition of items are clear: Scarcity Trade-offs
