When the cost of shipping raw materials is higher than the cost of of shipping the final product,where will the firm locate?
A) near a major city
B) near the market
C) near the raw materials
D) in the suburbs
E) in China
Correct Answer:
Verified
Q24: Which is FALSE about agglomerations?
A) They help
Q25: Which of the following statement about the
Q26: What is the pattern of the three-stage
Q27: What happens in forward integration?
A) The firm
Q28: What is the crucial social relation of
Q30: Where would a footloose industry be most
Q31: Which of the following is an example
Q32: When a firm controls the production and
Q33: What happens in backward integration?
A) The firm
Q34: Agglomeration economies take several forms including EXCEPT
A)
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