JAMB - Economics (2019 - No. 67)
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
Explanation
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.
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