Respond to the following prompt in a post with a minimum of 150 wordsEconomists argue that despite increases in the cost, the value of higher education has increased over time. How can college be made more affordable? Revenues earned by colleges and universities come from three main sources:Tuition and fees paid by students, which have increased faster than the cost of living.Support from governments at the federal, state and local levels. This support is paid for through tax revenues. Even private colleges and universities obtain funding from the government, but government support has declined at all levels in recent years.Alumni contributions.What has caused the cost of college to increase so much? (Not every college has a fancy gym or an Olympic sized pool with a lazy river.) What features of your college education would you be willing to do without to make college more affordable?What do you propose should be done to make higher education more affordable? What reasons can you provide to support your argument?

Select 1 of the economic concentrations (clusters) below:Seattle-Tacoma-Olympia, WA aerospace/ defense industryCentral California winemaking industryHollywood movie industrySilicon Valley Technology hubTexas / Louisiana Gulf Coast crude oil and natural gas production and refiningPre-1994 vs Post-1994 US auto and light truck production and the reasons for the change in economic concentrationWrite a 700- to 1,050-word paper evaluating economists’ assessments of the role the 4 factors of production played in determining how the economic concentration you selected has evolved. Complete the following in your paper:Analyze how the economic concentration in the area you chose was influenced by competition and pricing.Analyze how the economic concentration in the area you chose influenced the supply chain.Analyze which of the 4 factors of production were the most and least important in determining the economic concentration of the area you chose.Predict changes you anticipate for the area of economic concentration you chose. Support your predictions.Consider the resources provided and other academically appropriate sources. The use of charts and tables to illustrate data is highly encouraged.Cite at least 2 academically credible sources. Format your assignment according to APA guidelines.