Question

In: Economics

1.Why is the equilibrium cluster size not same as the efficient cluster size? Explain with a...

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.

Solutions

Expert Solution

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.


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