Which of the following is likely to be the least important factor for firms in determining production location? Multiple Choice Costs of environmental protection standards Transportation costs Comparative cost advantage External economies of scale

Which of the following is likely to be the least important factor for firms in determining production location? Multiple Choice Costs of environmental protection standards Transportation costs Comparative cost advantage External economies of scale

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter11: The Firm: Production And Costs

Section: Chapter Questions

Problem 21P

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Question

Which of the following is likely to be the
least important factor for firms in
determining production location?
Multiple Choice
Costs of environmental protection
standards
Transportation costs
Comparative cost advantage
External economies of scale

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