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UOPT Assignment 3, Cities of Knowledge and Consumer theory QUESTIONS WITH ANSWERS (ALL CORRECT)
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UOPT Assignment 3, Cities of Knowledge and Consumer theory 
Chapter 5 is conspicuously without any models. That is because it is intended to 
provide background on a whole range of issues that will be modeled throughout the 
rest of the text, after we review some more basic theory. The exercises highlight 
some of the issues raised by the text in chapter 5. The most important of these is 
question 5.6. Think back on the ways the cities assembled a set of firms and 
industries that produce mutual...