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Which best defines Agglomeration Economies? a) Positive external economies of scale argue for spatial concentration by reducing unit business costs and increasing productivity. b) Individuals
Which best defines Agglomeration Economies?
a) Positive external economies of scale argue for spatial concentration by reducing unit business costs and increasing productivity.
b) Individuals choose to agglomerate for societal reasons, and are not motivated by personal interests.
c) Economies of scale pull people together like "gravity", as people are drawn to agglomerate due to embedded transportation and dense housing patterns.
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