Which of the following are correct? A. The exchange of ideas within firms is more important than the sharing of knowledge between people in different firms, so must also be more important for urban agglomeration. B. Large cities can be expected to have a smaller number of occupational job titles because the opportunities for exploiting increasing returns to scale are greater there. C. Rents are higher in large cities, so firms need to economize on space and do so by limiting the number of different goods available. As a result, consumers and firms should find the selection to be more limited in large cities. D. None of the above.
Which of the following are correct? A. The exchange of ideas within firms is more important than the sharing of knowledge between people in different firms, so must also be more important for urban agglomeration. B. Large cities can be expected to have a smaller number of occupational job titles because the opportunities for exploiting increasing returns to scale are greater there. C. Rents are higher in large cities, so firms need to economize on space and do so by limiting the number of different goods available. As a result, consumers and firms should find the selection to be more limited in large cities. D. None of the above.
Principles Of Marketing
17th Edition
ISBN:9780134492513
Author:Kotler, Philip, Armstrong, Gary (gary M.)
Publisher:Kotler, Philip, Armstrong, Gary (gary M.)
Chapter1: Marketing: Creating Customer Value And Engagement
Section: Chapter Questions
Problem 1.1DQ
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4. Which of the following are correct?
A. The exchange of ideas within firms is more important than the sharing of knowledge between people in
different firms, so must also be more important for urban agglomeration.
B. Large cities can be expected to have a smaller number of occupational job titles because the opportunities
for exploiting increasing returns to scale are greater there.
C. Rents are higher in large cities, so firms need to economize on space and do so by limiting the number
of different goods available. As a result, consumers and firms should find the selection to be more limited in large cities.
D. None of the above.
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