Flashcard REGIONAL ECONOMICS 31.03

Front

In Alonso’s urban model, firms with higher revenues tend to locate in the city center to minimize transportation costs and maximize ______ access, as high-revenue firms benefit from customer density in central areas.

Back

MARKET

Front

Which of the following best describes the shift-share analysis in regional economics? CH. 4

Back

B

Front

Greenhut’s model assumes that production costs vary significantly between regions.

Back

FALSE

Front

What drives spatial equilibrium in Lösch’s model? CH. 3

Back

C

Front

What is a key difference between Christaller's and Lösch's models? CH. 3

Back

B

Front

The two primary economic forces influencing the location of activities in space are ______________ costs and agglomeration economies. CH. 1

Back

TRANSPORTATION

Front

In Alonso’s model, businesses that generate high revenue per square meter and require minimal space, such as jewelry stores, tend to have the steepest bid-rent curve because they can afford higher rents in central locations.

Back

TRUE

Front

In Hotelling's model, consumers choose a seller only based on price, not on distance. CH.1

Back

FALSE

Front

Which of the following is NOT a factor contributing to regional underdevelopment? CH.4
A
B
C
D

Back

C

Front

Which category of agglomeration economies depends on the size of the firm itself?

Back

C