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Principles of Microeconomics, Third Edition
John B. Taylor, Stanford University
Internet Exercises
Chapter 9: The Rise and Fall of Industries


The New York Information Technology Center

Questions:

Read the press release issued by New York City Mayor Giuliani's office announcing the creation of the New York Information Technology Center in Lower Manhattan.

  1. Describe the Technology Center.
  2. This press release states that this center will allow firms to take advantage of "external economies of scale." How might this occur? Be specific.

Solutions:



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