The basic principle underlying location of indu... - JAMB Economics 2019 Question
The basic principle underlying location of industry is the tendency for production of a commodity to be located on the basis of______
A
division of labour
B
employment trends
C
relative costs and benefits
D
immobility of skilled labour
correct option: c
The sitting of a firm in a particular area is seen as location of industry.
The benefits a firm derive i.e economies of scale is one of the principle in location of industry.
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