location of firms of an industry is not influen... - WAEC Economics 2015 Question
location of firms of an industry is not influenced by?
A
availability of raw material
B
existence of other firms
C
nearness to the source of money supply
D
government policy
correct option: b
Industrial locations are complex in nature. These are influenced by the availabilityof many factors. Some of them are: raw material, land, water, labor, capital, power, transport, and market. For ease of convenience, we can classify the location factors into two: geographical factors and non-geographical factors.
Please share this, thanks:
Add your answer
No responses