Firms in capitalist economies continue to make location decisions based on which of the following?

Question

Quizplus · Accepted Answer

Firms in capitalist economies consider a variety of factors when making location decisions, including production technology (to ensure efficiency and productivity), markets (to be close to their customers or suppliers), capital availability (to ensure they have the necessary financial resources), and labor costs (to manage expenses). All these factors are crucial in determining the optimal location for a firm's operations.

Firms in Capitalist Economies Continue to Make Location Decisions Based