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1) Carefully dene and illustrate (through a short explanation or graph) the four possibilities of growth under the Neoclassical framework of Location Theory. (15 pts)
1) Carefully dene and illustrate (through a short explanation or graph) the four possibilities of growth under the Neoclassical framework of Location Theory. (15 pts) a. Spread through growth b. Spread through decentralization c. Urban growth/rural stagnation d. Backwash 2) Illustrate a \"Weber '5 problem" involving four suppliers items to include: suppliers, cost minimizing location, and potential isocosts. Further, explain Why a rm might choose a location (or isocost curve) that has a higher associated cost (think business climate). ( l 5 pts)
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