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Consider a region where the self-suffi cient wage is constant at $4. Suppose the payoff from innovation in a city with population n (measured in thousands) is ( n ) 2 n 12 (n 10 ).
a. Suppose a group of 1 (thousand) workers form a city. Will other workers have an incentive to join the cluster?
b. Suppose a group of 9 (thousand) workers form a city. Will other workers have an incentive to join the cluster?
c. Compute the (stable) equilibrium size of the innovation city.
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find a brochure explaining the details of the BBP program along with information about BBP card rewards
The Thrashers would not be obligated to pay the additional sum because the original agreement already obligated Dennis to complete the deck for $7,000.
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illustrate what happens if a successful business delivers profits without 25 per cent of sales from recently introduced products?
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Different Wages Payment plans available for wages Payment and the costs and benefits of hiring new labour.
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