MNCs often attempt to set up production in locations where land and labor are expensive, because expensive factors of production indicate high demand.

Name: MNCs often attempt to set up production in locations where land and labor are expensive, because expensive factors of production indicate high demand.
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Question

Quizplus · Accepted Answer

MNCs often attempt to set up production in locations where land and labor are cheap, not expensive. This is because cheap factors of production indicate lower costs and potentially higher profits.

MNCs Often Attempt to Set Up Production in Locations Where