Summarize Joshua Frank’s (2003) article on natural selection in economic behavior. Make sure you address tease out his main point or hypothesis, its implications for human economic behavior, and why he believes the way he does. Then, provide an example or a few examples of businesses operating in a way that conforms to Frank’s hypothesis that firms do not necessarily operate the way that some economists (e.g., Friedman) believe(d). Make sure you address what trait is being selected for in your business example if not profitability. Discuss the implications of this for the evolution of that business or the entire industry for that matter. Submit a detailed essay (minimum of 1,000 words) with half the paper summarizing Frank’s article and the other half discussing your examples in relation to Frank’s theory. As with the Evolution and Diversity in Fiction Paper, make sure your paper meets the minimum word count requirement, reads well grammatically, etc., and that you cite any relevant material in the text as well as in a “references cited” page (Note: References do not count toward the minimum word count).
Demonstrate an understanding on Joshua Frank’s (2003) article on natural selection in economic behavior
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