Location of firm in rural areas may
...Location of firm in rural areas may
Enable the firm to enjoy existing infrastructural facilities
Make finance readily available
Enhance even or balanced development
Make such firm enjoy external economics of scale
Correct answer is C
- It will be easier for the firm to get raw materials in the rural areas.
- It would bring about development and improvement in the standard or living in the area.
- Basic infrastructure may not be available.
In the normal channels of distribution the breaking of bulk is performed by the ...
A strategy for curbing unemployment is to ...
The major contribution of the petroleum industry to the Nigerian economy is the ...
When demand is elastic, it means that consumers ...
Mono-products economics are those that ...
When a nation is experiencing balance of payment surplus, it is in a better position to ...
Perfect knowledge of events in a perfect market will be made possible by the existence of ...
The decision to consume more of one product will under normal circumstances imply that ...