Consider a region where the self-suffi cient wage is constant at $4. Suppose thepayoff from innovati

Consider a region where the self-suffi cient wage is constant at $4. Suppose thepayoff from innovation in a city with population n (measured in thousands) is( n ) 2 n 12 (n 10 ).a. Suppose a group of 1 (thousand) workers form a city. Will other workershave an incentive to join the cluster?b. Suppose a group of 9 (thousand) workers form a city. Will other workershave an incentive to join the cluster?c. Compute the (stable) equilibrium size of the innovation city.

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