Which of the Following Statements Is True of Geographical Clustering

question 9

Multiple Choice

Which of the following statements is true of geographical clustering?

• A) The proximity of many competitors serving a local market leads to competition that increases their pricing power in their relationships with both buyers and suppliers.
• B) Close proximity of firms eliminates the likelihood of a firm's competitors gaining access to the firm's proprietary knowledge.
• C) Clustering invariably leads to lower concentration of pollution and inordinately low housing costs.
• D) Proximate firms have an advantage in sharing information that can lead to greater innovation productivity.

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