WAEC - Economics (2016 - No. 30)
Location of firm in rural areas may
enable the firm to enjoy existing infrastructural facilities
make finance readily avalaible
enhance even or balanced development
make such firm enjoy external economics of scale
Explanation
- It will be easier for the firm to get raw materials in the rural areas.
- It would bring about development and improvement in the standard or living in the area.
- Basic infrastructure may not be available.
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