indicate whether the relationship is positive, negative, or ambiguous. (explain) a. factory price and market area of a factory b. labor pooling and wage in an isolate site c. complementarity of consumer products and number of cities in a region d. number of local residents and the multiplier effect

indicate whether the relationship is positive, negative, or ambiguous. (explain) a. factory price and market area of a factory b. labor pooling and wage in an isolate site c. complementarity of consumer products and number of cities in a region d. number of local residents and the multiplier effect

ECON MACRO

5th Edition

ISBN:9781337000529

Author:William A. McEachern

Publisher:William A. McEachern

Chapter3: Economic Decision Makers

Section: Chapter Questions

Problem 1.1P

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Question

indicate whether the relationship is positive, negative, or ambiguous. (explain)

a. factory price and market area of a factory

b. labor pooling and wage in an isolate site

c. complementarity of consumer products and number of cities in a region

d. number of local residents and the multiplier effect

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