Author Question: In an industry where transportation costs are high and there are limited scale economies, A) ... (Read 85 times)

RODY.ELKHALIL

  • Hero Member
  • *****
  • Posts: 591
In an industry where transportation costs are high and there are limited scale economies,
 
  A) firms will locate close to the market.
  B) firms will locate close to their input sources.
  C) firms might locate in either area.
  D) firms will locate where policy makers decide.

Question 2

Briefly describe orthodox stabilization policies.
 
  What will be an ideal response?


IRincones

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

A

Answer to Question 2

Minimizes government involvement in the economy and prescribes government spending cuts, tax reform, and control over money supply growth to fight inflation



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Nitroglycerin is used to alleviate various heart-related conditions, and it is also the chief component of dynamite (but mixed in a solid clay base to stabilize it).

For a complete list of videos, visit our video library