How Long to Read Economies of Scale, Transport Costs and Location

How Long Does it Take to Read Economies of Scale, Transport Costs and Location?

It takes the average reader 3 hours and 30 minutes to read Economies of Scale, Transport Costs and Location by George Norman

Assuming a reading speed of 250 words per minute. Learn more

Description

The presence of nonconvexities does severe damage to conventional theories of the firm and of the individual. The essential contribution of location theory, however, is in a world in which there are such nonconvexities. If resources are distributed evenly and the usual convexity assumptions made, then economic activity would be distributed evenly; there would be no concentration of pro duction. Thus the statement that is usually made, that the standard results carry over to a world in which there is spatial choice, is too weak and fails to capture the essence oflocation theory. Nevertheless, we must also concede that, while the introduction of the spatial dimension is interesting and fruitful when (perhaps only when) there are non convexities, space should not be thought of as a panacea whereby problems those associated with economies of scale, for example -can be made to disap pear. There is no guarantee, for example, that production units will be operated in convex regions of their total cost curves, even if they are constrained to oper ate in a 'space economy'. These considerations led to the conclusion that the role of spatial choice and the determinants of such choice would be best analysed by case study. This book is one such study. It is based on my doctoral dissertation at the University of Cambridge, fmanced by a grant from the Social Science Research Council.

How long is Economies of Scale, Transport Costs and Location?

Economies of Scale, Transport Costs and Location by George Norman is 206 pages long, and a total of 52,736 words.

This makes it 70% the length of the average book. It also has 64% more words than the average book.

How Long Does it Take to Read Economies of Scale, Transport Costs and Location Aloud?

The average oral reading speed is 183 words per minute. This means it takes 4 hours and 48 minutes to read Economies of Scale, Transport Costs and Location aloud.

What Reading Level is Economies of Scale, Transport Costs and Location?

Economies of Scale, Transport Costs and Location is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Economies of Scale, Transport Costs and Location?

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