For all calculations, carry out each step to 6 decimal places, never put into % form. Final answers are to 6 decimal places not in %. Table Labor force USA Fort (in '000) Collins Utilities 500 550 Trade 21,000 11,000 Transportation 15,400 2,000 Financial 8,000 4,200 Education 3,000 22,000 Leisure 14,000 8,381 The location quotient for Fort Collins Transportation shows than US Transportation The location quotient for Fort Collins Transportation shows than US Transportation Less Concentration Greater Concentration No Concentration Moderate Concentration
For all calculations, carry out each step to 6 decimal places, never put into % form. Final answers are to 6 decimal places not in %. Table Labor force USA Fort (in '000) Collins Utilities 500 550 Trade 21,000 11,000 Transportation 15,400 2,000 Financial 8,000 4,200 Education 3,000 22,000 Leisure 14,000 8,381 The location quotient for Fort Collins Transportation shows than US Transportation The location quotient for Fort Collins Transportation shows than US Transportation Less Concentration Greater Concentration No Concentration Moderate Concentration
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Answer please
![For all calculations, carry out each step to 6 decimal places, never put into %
form. Final answers are to 6 decimal places not in %.
Table
Labor force
USA
Fort
(in
'000)
Collins
Utilities
500
550
Trade
21,000
11,000
Transportation
15,400
2,000
Financial
8,000
4,200
Education
3,000
22,000
Leisure
14,000
8,381
The location quotient for Fort Collins Transportation shows
than US Transportation
The location quotient for Fort Collins Transportation shows
than US Transportation
Less Concentration
Greater Concentration
No Concentration
Moderate Concentration](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F48b6d298-bf82-4a83-97ad-03d8c4dc45d7%2Fad0ffa35-b48a-4335-80ad-91d27e762963%2Fwewjyvf_processed.jpeg&w=3840&q=75)
Transcribed Image Text:For all calculations, carry out each step to 6 decimal places, never put into %
form. Final answers are to 6 decimal places not in %.
Table
Labor force
USA
Fort
(in
'000)
Collins
Utilities
500
550
Trade
21,000
11,000
Transportation
15,400
2,000
Financial
8,000
4,200
Education
3,000
22,000
Leisure
14,000
8,381
The location quotient for Fort Collins Transportation shows
than US Transportation
The location quotient for Fort Collins Transportation shows
than US Transportation
Less Concentration
Greater Concentration
No Concentration
Moderate Concentration
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