User Account

All Pages

Equilibrium size of the innovation city

Assignment Help Business Management
Reference no: EM131204224

Consider a region where the self-suffi cient wage is constant at $4. Suppose the payoff from innovation in a city with population n (measured in thousands) is ( n ) 2 n 12 (n 10 ).

a. Suppose a group of 1 (thousand) workers form a city. Will other workers have an incentive to join the cluster?

b. Suppose a group of 9 (thousand) workers form a city. Will other workers have an incentive to join the cluster?

c. Compute the (stable) equilibrium size of the innovation city.

Reference no: EM131204224

Questions Cloud

Find the value of r for maximum power to r : For each network of given figure, find the value of R for maximum power to R, and determine the maximum power to R for each network.
Define cbr a shorthand term used by law enforcement : What are some of the questions the defense may ask? How would you prepare the prosecutor for those questions? As you will be offering testimony in the case, what will you have to do to prepare yourself for questions from the defense and the prosec..
Explain the derivation of the optimal commodity tax : An economy has a single consumption good produced using labor and a single consumer. The production process has decreasing returns to scale. Explain the derivation of the optimal commodity tax when profit is not taxed.
Discuss different types of hypothesis tests : Provide two examples of simple linear regressions we could use in (1) economics and (2) finance. Carefully define the variables you would use as the dependent variable (y) and the explanatory variable (x). Now discuss different types of hypothesis..
Equilibrium size of the innovation city : a. Suppose a group of 1 (thousand) workers form a city. Will other workers have an incentive to join the cluster? b. Suppose a group of 9 (thousand) workers form a city. Will other workers have an incentive to join the cluster? c. Compute the (stable..
Calculate return on capital employed : Calculate the following ratios for both years and comment on what the results say about the company's financial performance and position. Return on investment (ROI), Return on capital employed (ROCE) and Operating margin
Calculate the amount of interest capitalized : Thornton Industries began construction of a warehouse on July 1, 2016. The project was completed on March 31, 2017. No new loans were required to fund construction. Calculate the amount of interest capitalized for 2016 and 2017.
Conduct an analysis of a company of your choice : You will be asked to conduct an analysis of a company of your choice. Your chosen company will be referred to as the "study company" in various assignments throughout this course.
What can you say about the evolution of inequality over time : Now suppose that people with similar incomes are more likely to get married than people with dissimilar incomes. How would this change affect the Lorenz curve drawn in part a?

Reviews

Write a Review

Business Management Questions & Answers

  Retailer new business model

1. Why did FAO Inc. have to declare bankruptcy? 2. Describe the issues with FAO's original business model 3. Identify the toy retailer's new business model. Do you believe it will keep the new company in business? Why or why not?

  Difference between a long forward position

What is the difference between a long forward position and a short forward position?

  Explain as the scope of the cpp supply chain expands

Explain As the scope of the CPP supply chain expands which information technology capabilities will be most important for the company to pursue?

  Describe the importance of understanding stakeholders

As a health care leader, what twenty-first century workforce skills do you anticipate will be necessary to deliver quality health care to meet the shifting patient demographics?

  Discuss the special risks faced by workers

Discuss the special risks faced by workers in the 21st century.

  Short-term capital loss

For 2010 Greg Grammer had a short-term capital loss of $4000 a short- term capital gain of $1,900 a short-term capital loss leftover from 2006 of $700 a long-term capital gain of $800 as well as a long-term capital loss of $1,000

  Readings and knowledge gained in this module

Goal: Based on the course readings and knowledge gained in this module, students are to demonstrate their understanding of the four financial topics listed below:

  Multi domestic strategy

Discuss the advantages and disadvantages of multi-domestic strategy.

  Career management systems- why is career management an

career management systems- why is career management an important element of any organization?- how would you go about

  How job evaluation could be used at customers

Determine how job analysis and job evaluation could be used at Customers First to develop an internally consistent compensation system. Determine whether or not you agree with Joan's view on job analysis and job evaluation. Explain your rationale

  Explain accounts receivable results

Explain accounts receivable results in a 31500 estimate of uncollectible accounts at the end of the year. Using the aging of accounts receivable method the bad debt expense for the year is?

  Business plan in non-alcoholic beverage industry

Normal 0 false false false EN-US X-NONE X-NONE Business Plan in Non-Alcohol..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd