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WAEC - Economics (2015 - No. 31)

location of firms of an industry is not influenced by?
availability of raw material
existence of other firms
nearness to the source of money supply
government policy

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Industrial locations are complex in nature. These are influenced by the availabilityof many factors. Some of them are: raw material, land, water, labor, capital, power, transport, and market. For ease of convenience, we can classify the location factors into two: geographical factors and non-geographical factors.

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