Question

In: Economics

(iv) Suppose you are the Mayor of a city in the Rust Belt region. You can...

(iv)

Suppose you are the Mayor of a city in the Rust Belt region. You can give a license to build a steel

factory or textile factory. Which one is your choice? Discuss.

(6 points)

Solutions

Expert Solution

Above are the reasons mentioned why I choose steel factory, if I will become a mayer of a city in the Rust Belt region and if I have a licence to build factory.


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