State and briefly explain internal and external economies, Ask an Expert

Economics

State and briefly explain internal and external economies of scale. Also, distinguish between two types of agglomeration economies (urbanization and localization) by giving examples of such from your general knowledge of the subject. - Justify the proposition “Cities are the engines of growth.” -What are the differences between pecuniary and technological agglomeration economies? Provide a real world example of each.

View complete question

Business Economics, Economics

Category:- Business Economics
Reference No.:- M91997554

Have any Question?Write your Review or question?

Related Questions in Business Economics

Income effects depend on the income elasticity of demand

Income effects depend on the income elasticity of demand for each good that you buy. If one of the goods you buy has a negative income elasticity, that is, it is an inferior good, what must be true of the income elastici ...

Please pick a health care phenomenaproblem and use philip

Please pick a health care phenomena/problem and use Philip Jacobs's descriptive, explanatory and evaluative model (in studying Economics) to analyze it. (Please use the real statistics that you search online and cite the ...

Recent studies have confirmed that there is a relationship

Recent studies have confirmed that there is a relationship (r = -.43) between the average number of minutes someone spends text messaging during class and their final grade in that given class. Based on their data the fo ...

Four balls are independently projected onto one target the

Four balls are independently projected onto one target, the probability of a hit for each is P1 = 0.1 , P2 = 0.2 , P3 = 0.3 , P4 = 0.4. What are the probabilities P04, P14, P24, P34, P44 that zero, one (1), two (2), thre ...

Suppose you roll a standard 6-sided die if you roll a 1 1

Suppose you roll a standard 6-sided die. If you roll a 1 (1), you randomly select one chip from a bowl containing 2 red (R) and 3 white (W) chips. If you don't roll a 1 (1c), you randomly select 1 chip from a bowl contai ...

1population parametric mean 53501standard deviation

1) Population (parametric) mean= 53.501 Standard deviation = 1.79208 Imagine that 5 individuals are sampled at random from this population. Calculate the probability that the average calculated will be less than the valu ...

We went over this problem in class but i dont understand

We went over this problem in class but I don't understand what exactly the professor did, so could someone explain step by step how to approach a problem like this? I have a homework assignment with problems similar to t ...

Ross textiles wishes to measure its cost of common stock

Ross Textiles wishes to measure its cost of common stock equity. The firm's stock is currently selling for $57.50. The firm expects to pay a $3.40 dividend at the end of 2013. The dividends for the past 5 years are shown ...

While reconciling your check register to your bank

While reconciling your check register to your bank statement you notice that your check register balance is 1250.00 while your bank statement balance is 1205.00. Describe what might account for the difference between the ...

Albert hoffmans wife has an ipod shuffle with five songs in

Albert Hoffman's wife has an iPod shuffle with five songs in her library: November Rain by Guns 'N Roses Ain't No Mountain High Enough by Nicholas Ashford and Valerie Simpson Call Me Maybe by Carly Rae Jepsen Rainbow ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Economics Expert