In: Economics
1.Why is the equilibrium cluster size not same as the efficient cluster size? Explain with a graph.
2.The production of wooden ships is a weight-losing activity (as shown by the large piles of sawdust and wood-scraps) and yet most of the shipyards are located far from a forest. Shipyards locate far from a forest because...Illustrate.
1) a partition vector is used as a state factor in the models
which is composed of a number of agents which are exchangeable by
many types. clusters from the key unit of the organisation for the
purpose of understanding and the improvement of the performance of
the economics of regional areas. Economic development policies is
oriented by cluster thinking of practice moves towards groups away
from single unit. Important lessons are also offer for the purpose
of economic development policy and the practices. Cluster server
build on strength which are unique. different strategies are
developed for different clusters. Analysis of cluster helps in
diagnosis of strengthe and challenges of economy.
2) shipyards are located far away from wood source that is forest
because Woods at general easy to transport when not in the form of
any structure. Production of the wooden shaped as an activity of
weight losing. Dockyard are mostly associated with the activities
of maintenance and basing shipyards are more associated with the
initial level of construction. The shipyard are constructed mainly
near the sea or the tridal rivers which allowed and easy
acceptability for the ships. Shipyards contain multiple specialised
Reigns then drydocks also slip ways dust free warehouse facility
for painting and large areas for fabrication. All this setup cannot
be smoothly done or function and if near a forest.