MNCs often attempt to set up production in locations where land and labour are expensive, because expensive factors of production indicate high demand.

Name: MNCs often attempt to set up production in locations where land and labour are expensive, because expensive factors of production indicate high demand.
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Question

Quizplus · Accepted Answer

MNCs typically seek locations where land and labor are less expensive to minimize production costs and maximize profits, not where they are expensive.

MNCs Often Attempt to Set Up Production in Locations Where