What elements are mutually exclusive

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Question

Suppose a city or region is considering the choice to build a passenger port or a port that handles TEU containers. What are the common elements that should be considered in the choice of one or the other? What elements are mutually exclusive? Explain the role of centrality and intermediacy in the determination of port location and the role of agglomeration economies and diseconomies. Be sure to define centrality, intermediacy, and agglomeration economies and diseconomies. What do economists mean by full-price and provided examples as to how it would be incorporated into your analysis.

Reference no: EM134046221

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