QUESTION IMAGE
Question
ternalities are knowledge spillovers that occur when companies in the same industry locate in the same area. true false
Brief Explanations
Externalities can include knowledge spillovers. When firms in the same industry cluster in one area, knowledge - sharing often occurs, which is a form of positive externality.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
A. True