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Why do metro areas that have the largest agglomeration economies in production cause firms to cluster and make cities larger?

User Dudewad
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Final answer:

Metro areas with large agglomeration economies attract firms due to the advantages of having a large market and a diverse labor force, leading cities to expand.

Step-by-step explanation:

Metro areas that have the largest agglomeration economies in production are where firms tend to cluster, thereby making cities larger.

This isn't exactly the same as economies of scale within a single firm's production function, but rather it's related to the increasing size of the overall population and market in an area.

Agglomeration economies occur because cities provide a large customer base that allows businesses to produce efficiently, as well as a deep labor pool and network of suppliers. Furthermore, cities offer a variety of services and products that are appealing to consumers.

However, these economies can transform into diseconomies when the negative effects of high-density living, such as traffic congestion, pollution, and increased crime, begin to undermine the advantages.

This explains why not everyone lives in a single massive city and suggests a natural limit to urban growth.

User Akhilesh Kumar
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