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1. Local entrepreneurs argue that a city (Tallahassee)'s future growth depends on its ability to establish and grow technology industries. Using the concepts underlying shift-share analysis, evaluate the potential effectiveness of this urban growth strategy.
2. A city (Tallahassee) has experienced a resurgence of agricultural production on edge of the city. Many believe this growth is due to rising demand from city dwellers. What does this suggest about the city's urban form using the Bid Rent Function.
3. Why is the capitalization rate important in the housing market? How would lower expected rents in the housing market influence the capitalization rate and what would you expect to happen to investment in the housing market? 4. Elected officials in the state legislature are supporting legislation that subsidizes the entertainment industry, specifically film and sports stadiums, because they promote economic growth for cities. Evaluate this claim if the employment multipliers for the sports entertainment, higher education, and aerospace industries are 1.5, 2.3, and 5.0 respectively.
Due to its remoteness, Siberia can be considered as a closedeconomy. Recent data about its popula- tion movements indicate thatthe region suffered from a severe loss in its working agepopulation from 1995 to 2005.
Opportunity Costs. Two graduate business students are considering opening a full-service car wash in Greenville, North Carolina, after graduation. This is an alternative to employment with a local manufacturing firm where they would each earn $70,..
Can you rank the roles in order of importance? If yes, do so and explain your ranking. If you could not rank the roles, explain why. Is it because all roles are equally important?
specify the following using the information quantities are given in millions of dollars gross private domestice investment 586.1 inventory investment =30.9 compensation of employees 5,178.6 corporate taxes 215.9 macrovian exports of good a..
In economics, it is agreed that Investment, especially capital investment, leads to economic growth. The source of Investment is from savings. What conclusions can you draw about the incentives for capital investment and economic growth.
The first payment is due one year from today. The government plans to invest the funds until the final payment is collected and then donate the entire amount, including investment earnings, to a national health center.
the elasticity of demand on the part of animal owners is -2.0. The research also estimates that at this price the elasticity of demand for human use would be -.2. The current price is $5.00 per dose. If the MC of production is $1, what should the ..
A firm sells its product in a perfectly competitive market where other firm charges a price of $40 per unit. The firm's total costs are C(Q) = 40 + 8Q + 2Q2. a. How much should the firm produce in the short run b. What price should the firm charge i..
The cost associated with maintaining rural highways follows a predictable pattern. There are usually no costs for the first three years, but maintenance is required for restriping, weed control, light replacement, shoulder repairs, etc. For one se..
Consider an economy that initially has a labor force of 2000 workers. Of these workers, 1900 are employed and each works 40 hours per week. Ten units of output are produced by each hour of labor.
What is the percentage increase in production when valued at 2009 prices is ___21.6______percent. Answer to 1 decimal place.2008: Lattes 97/$7 each Cappuccinos 53/$5 each 2009: Lattes 114/$8 each Cappuccinos 69/7$ each
Assume that the Roach Coach (a converted bus) averages 15 miles per gallon, with a standard deviation of 3 miles per gallon, and that fuel consumption is normally distributed. Using the Normal Distribution, if the total trip mileage
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