The basic principle underlying location of industry is th...
The basic principle underlying location of industry is the tendency for production of a commodity to be located on the basis of_____
Division of labour
Employment trends
Relative costs and benefits
Immobility of skilled labour
Correct answer is C
Location of industry is the sitting of a firm in a particular area. The benefits a firm derive i.e economies of scale is one of the principle in location of industry.
Contractionary monetary policy is used to ...
A firm is at its optimum size when? ...
In production, total cost comprises of ...
If goods were free, a rational consumer would consume ...
The basic aim of Economic Community of West African States is the ...
When the government imposes a unit tax on a commodity with perfectly inelastic demand, the ...
The production of rice and yam on the same farmland is an example of ...
Depreciation = $40,000 Gross Domestic Product = $100,000 Factor Payments to Foreigners = $20,0...