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Questions:
a. What are the three major sources of agglomeration economies, and how do they operate?
b. Explain the three main types of agglomeration effects. What difficulties exist in identifying those different classifications?
c. Which examples of industrial clusters in your region (Where you are now, or where you are most familiar with) best reflect each of the different types of industrial clusters?
What is the Coca-Cola executive assuming about the price elasticity of demand for Coke? Briefly explain.
Here are too few stars to fully staff every team, but there are enough for a few to be on every team if an owner decided to hire them.
The best test of the performance of two different regression equations is their respective values of the coefficient of determinations. Equations that perform well in explaining past data are likely to generate accurate forecasts.
What about businesses - do they have a role in ensuring the law is fulfilling its purpose?
An economist estimated that the cost function of a single-product firm is: C(Q) = 50 + 25Q + 30Q2 + 5Q3. Based on this information, determine the following:
In which of the following areas is the principle of non discrimination being central to GATT evident? Normal trade relations, national treatment, elimination of quotas and quantitative restrictions all of the above
You are required to explain the potential impact whether directly or indirectly to your organisation on any of the followings economic policies or situation lis
By installing some elaborate inspection equipment on its assembly line, the Robot Corp. can avoid hiring an extra worker who would have earned $36,000
What is Block Chain Technology (as in cryptocurrency)?
What is the equilibrium price? If supply at every price is increased by 10 gallons, what will the new equilibrium price be?
Assume that Ms. Thompson is currently exhausting her money income by purchasing 10 unites of A and 8 unites of B at price $2 and $4 respectively. Elucidate what these data suggest about Ms. Thompson.
What are the equilibrium price and quantity. If demand increases to D', what are the new equilibrium price and quantity. What happens if the government does not allow the price to change when demand increase.
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