Social Sciences, asked by jacobmasaco, 10 months ago

What are the advantages provided by agglomeration

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Answered by sairahasan077
1

Answer:

Benefits arise from the spatial agglomeration of physical capital, companies, consumers and workers: Low transport costs. A great (local) market. A large supply of labor and thus the increased chance of supply and demand for labor, particularly for specialists to compensate for fast matching, lower search costs.

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