________ is the advantage of conducting a particular economic activity in a specific area because of the characteristics of that place.
A)industry advantage
B)production advantage
C)comparative advantage
D)location advantage

Question

Quizplus · Accepted Answer

Location advantage refers to the benefits derived from conducting a particular economic activity in a specific area because of its unique characteristics, such as access to raw materials, skilled labor, infrastructure, and proximity to markets. The location advantage can help businesses increase efficiency, lower costs, and gain a competitive edge in the market.

________ Is the Advantage of Conducting a Particular Economic Activity