ECON 3500 Lecture 4: UrbEc 7e Ch4 MA
12 Apr 2018
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Document Summary
Applying the concepts chapter 4: migration to portland, utility in portland exceeds utility in seattle. The portland arrow indicates increasing population and decreasing utility. City l: compared to the smallest city, the largest city has five times the export employment ten but times the total employment. The difference in total employment is relatively large because large cities provide a wider variety of local products, specifically local products produced with scale economies that are large relative to per-capita demand: specialized services in large cities. These state capitals are located close to larger metropolitan areas, so consumers in the capitals can easily travel to the larger metropolitan area for goods and services that would be provided in more isolated cities of the same size. For example, sacramentans can travel to the san francisco bay area for music and theater: one city size.
