by Dan | Mar 18, 2021 | Main
-why do individuals tend to move to bigger cities. What types of agglomeration forces facilitate strong economic growth in cities (e.g.,specialization, competition, and diversification)? What are the benefits and costs of agglomerations?-why do the poor live in big...
by Dan | Dec 6, 2020 | Economics
A firm that produces potato chips occupies four hectares of land. The firm produces 10tons of output per day and sells its output at a price of $240 per ton on the export market.The firm does not engage in factor substitution as the price of land changes....
by Dan | Apr 30, 2018 | Essays
Question 1: Urban Housing (20 points) Housing policy: Housing subsidies vs. Cash offer A low income household has a monthly income of 900, and is qualified to receive certain welfare from government in housing. This household has the following utility function and...