Which of the following is a result of agglomeration economies?

Which of the following is a result of agglomeration economies?



A. Lower competitiveness in a large area decreases efficiency.
B. Higher competitiveness in a small area increases efficiency.
C. Higher competitiveness in a small area decreases efficiency.
D. Lower competitiveness in a large areas increases efficiency.
E. Lower competitiveness in small areas decreases efficiency






Answer: B


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