Two product factors impact location decisions.They are the product's value-to-weight ratio and:

Question

Quizplus · Accepted Answer

The product's value-to-weight ratio is important in determining transportation costs, but whether the product serves universal needs is also important in determining where to locate production facilities. Products that serve universal needs, such as food or clothing, will have a larger market and therefore may be produced closer to the consumers.

Two Product Factors Impact Location Decisions