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What are the 3 factors of weber's least cost theory?
Material index, labor and agglomeration and deglomeration.
What factor explains both agglomeration and Deglomeration in the rise and decline of cities?
The factor that explains both agglomeration and deglomeration in the rise and decline of cities is economic dynamics, particularly the interplay of production efficiency and market accessibility. Agglomeration occurs when businesses and populations cluster together to benefit from shared resources, reduced transportation costs, and increased innovation. Conversely, deglomeration can arise due to factors such as rising costs, technological advancements that enable remote work, or shifts in consumer behavior, prompting businesses and populations to disperse. These dynamics illustrate how cities evolve in response to changing economic conditions and technological advancements.
What are the 3 factors of weber's least cost theory?
Material index, labor and agglomeration and deglomeration.
What factor explains both agglomeration and Deglomeration in the rise and decline of cities?
The factor that explains both agglomeration and deglomeration in the rise and decline of cities is economic dynamics, particularly the interplay of production efficiency and market accessibility. Agglomeration occurs when businesses and populations cluster together to benefit from shared resources, reduced transportation costs, and increased innovation. Conversely, deglomeration can arise due to factors such as rising costs, technological advancements that enable remote work, or shifts in consumer behavior, prompting businesses and populations to disperse. These dynamics illustrate how cities evolve in response to changing economic conditions and technological advancements.
What is agglomerated?
An agglomeration is a collection or mass of something. As such, the concentration of some substance comes from this agglomeration.
What is an agglomerate?
An agglomeration is a group of service areas that share each others talents(furniture, machinery, clothing, etc.) Note, if the agglomeration gets too big, then the labor cost, shipping/land costs, and efficiency can be affected causing the manufacturer to move away from the congested area(known as deglomeration)
