Which of the Following Would Be Considered True About an Agglomeration

question 24

Multiple Choice

Which of the following would be considered true about an agglomeration economy?

• A) Helps enhance proximity in knowledge exchange.
• B) Helps firms understand the drivers and benefits of clustering for developing a strategy.
• C) Helps overcome the market failure that can result when a new technology has the potential for important societal benefits.
• D) Helps firms reap benefits by locating them in close geographical proximity to each other.

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Definitions:

John Bowlby

A British psychologist known for his pioneering work in attachment theory, emphasizing the importance of early emotional bonds between children and their caregivers.

Promote Survival

Activities or strategies intended to support the continuation of life or existence.

SIDS

Sudden Infant Death Syndrome, an unexplained fatality, typically during sleep, in a seemingly healthy baby less than a year old.

Undisturbed Sleep

A period of sleep without interruptions, which is crucial for physical and mental health recovery.