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joyed as a result of concentrating activities near a certain facility for instance, a source of raw materials, transport facility, an institution of higher learning and many others. Localization aids in reducing an enterprise’s expenses such as transport cost and damage on raw materials resulting from long distance transportation.
Spatial equilibrium assumption is the notion that firms and workers are different across space and the research on urban areas is distinct from that of nations. Basically, urban economists recognize the existence of agglomeration economies which arise when productivity increase with density; however, assessing the enormity of those economies is a real challenge.
The assumption of the existence of a baseline spatial equilibrium provides a map to understanding the role of agglomeration on the economy. In essence, the assumption gives a projection of how workers and firms can cooperate to ensure maximum benefits. Additionally, one gets an overview of urban economics which assists in handling the economic issues at hand. Consequently, the assumption assists in identifying the empirical regularities in urban economics, for instance, people are more productive in dense population and that high wage in urban areas are usually counterbalanced by high cost of
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The author argues that there is interplay of many factors which affect the ability to perform well in school. By citing works carried out by ethnographers, ethnomethodologists and other social scientists such as Coleman (1961), Hollingshead (1949), DiMaggio shows how American high school education has gradually become unequal.
The case of the civil society in Southeast Asia has been seen to be relatively successful, as far as both Thailand and Malaysia are concerned. This is the case with the democratization of politics. In Thailand, the implementation of the new constitution in 1997 paved way for more robust participation in the Thailand politics by the civil society
According to the paper, business leaders, parents, the general public, and parents are quickly appreciating the vital role seen to be played by a child’s first few years in the general promotion of the child’s healthy social, physical, intellectual and emotional development. This includes developments in a number of key cognitive functions.
The author states that laws that regulate the time, manner, and place, but not content, of speech in a public forum, receive less scrutiny by the Court than do laws. It is not necessary that a content-neutral law be the least restrictive alternative, but only that the government's interest would be achieved less effectively without it.
The author states that securitization of assets is aimed at generating more funds for the company. In the case of banks where the funds are usually tied up in loans granted to clients, the option of securitization is very vital for its continued operations and liquidity. Securitization of accounts receivables involves the sales of ‘future cash flow”.
The author states that development of web technologies helped the service providers in travel and tourism industry such as airlines, car rentals, hotels and others to offer their services and information through their website. The use and growth of website services depend on the number of factors.
The possible launches of the missile to hit the death star are calculated upon request and saved to an output file.
The object oriented design is made of four classes. The FileIO, MyBMP, Star and ThreedimensionGraphics classes. Each class handles the
The author states that the pricing strategy within the entertainment industry does not have preferential rights to set the prices and they are largely being standardized, therefore, any pricing flexibility may not be working directly for the Pixar. However, within Channel distribution, the negotiable pricing may seem to the right idea.
Decolonization was also another main factor which would determine how the European countries would be able to recover from the war. It is necessary to note that the Marshall plan played a major role in helping the reconstruction of West Europe (US Department of State: the office of the Historian, Para 3)
The author states that both Block grant programs and matching grant programs increase local spending on the programs targeted by the grant. Nevertheless, a matching grant program encourages even more spending on a given program, while the matching grant in actual fact reduces the opportunity cost of expenditure.
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