Question
Consider an office firm in a monocentric city. The labor-cost function is?=60?6?, where x is the distance to the city center (from 0 km to
Consider an office firm in a monocentric city. The labor-cost function is?=60?6?, where x is the distance to the city center (from 0 km to 5 km). The interaction cost (for travel between the office firms is?=12+
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Macroeconomics
Authors: David C. Colander
10th edition
1259663043, 1259663048, 978-1259663048
