Agglomeration economies arise when multiple firms in related industries __________ an area, as with iron and steel production firms and cutlery and hardware manufacturers in Wolverhampton, UK. Economists have assumed that companies cluster for the same reasons, but Giulia Faggio et al. found that factors driving agglomeration in some cases are only weakly correlated with agglomeration in others.
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Verbal·Craft and Structure·Words in Context
mediumWhich choice completes the text with the most logical and precise word or phrase?
A
intercede in
B
concur with
C
appeal to
D
amass in