Question: 10:11 all LTE Take Quiz Exit HOMEWORK 6 (Chapter 7) A+ Started: Aug 1 at 9:51am Quiz Instructions This homework has 20 questions (5 pts

10:11 all LTE Take Quiz Exit HOMEWORK 6 (Chapter 7) A+ Started: Aug 1 at 9:51am Quiz Instructions This homework has 20 questions (5 pts each) and can be taken at most 3 times. Only your highest score will be considered. D Question 3 5 pts A localized industrial cluster improves efficiency because O it creates more hostility among firms in the same industry O it limits the market size by only attracting local firms and local suppliers. O it can bring together many firms that collectively provide a large enough market to support a wide range of specialized suppliers. O it may lower the number of small start-ups to join the cluster. Previous Next

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The status rule: We tend to have more confidence in information presented by someone who has a relatively high status and rank in society than by someone who hasnt.

The spatial rule: The closer spatial proximity we have to an event, the more importance we will attach to it.