The following are all factors determining the location of...
The following are all factors determining the location of industry except
Minimum wage rate
Availability of labour
Nearness of raw materials
Proximity to the market
Correct answer is A
Factors that influence where an industry locates include:
- power supply.
- communications - including transport, telecommunications.
- labour supply - including workers with the right skills.
- access to market - where the goods are sold.
- grants and financial incentives - usually from governments.
- raw materials.
- This factors do not include minimum wage rate.
Adam Smith's Theory of value stated that the value of a commodity depended on________ ...
The business risks of a public corporation are borne ultimately________ ...
In a public company, entrepreneural function are performed by the ...
One of the major advantages of public enterprises is that ...
Unlimited liability means? ...
International trade and domestic trade are similar in all aspects except that ...
Tax which is levied on goods manufactured, sold, or used within a country is? ...
The return of investment that is just sufficient to satisfy the owner of a business is called ...
Petro-chemical industries are located in the Rivers State of Nigeria because of ________? ...