Question

what is agglomeration economies???

Answer 1

Economies of agglomeration considers the effects of urban agglomeration, a major topic of urban economics. One aspect of agglomeration is that firms are often located near to each other. This concept relates to the idea of economies of scale and network effects. 

Answer 2

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$\boxed{agglomeration economies}$

Cities which provide markets and also provide services such as banking, insurance, transport, labour, consultants and financial advice, become urban centres called as agglomeration economies.


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