Geographic concentration of an industry has no effect on the location decisions of the industry's suppliers.

Name: Geographic concentration of an industry has no effect on the location decisions of the industry's suppliers.
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Question

Quizplus · Accepted Answer

Geographic concentration of an industry often attracts suppliers due to the benefits of proximity, such as reduced transportation costs, better communication, and quicker response times, influencing their location decisions.

Geographic Concentration of an Industry Has No Effect on the Location