The _____________ model of industrial location explains why dominant industries locate close to energy and raw material sources and to transportation networks.
A) Least cost
B) Expenditure cost
C) Sunk cost
D) Fixed cost
E) Dominant cost
Correct Answer:
Verified
Q1: Alfred Weber developed a general theory of
Q3: In industrial location theory, transportation costs are
Q4: Transportation costs are further shaped by the
Q5: Weber derived a basic unit of cost,
Q6: Industrial location theory posits that when the
Q7: Industrial location theory posits that when the
Q8: _ interdependencies can be best summarized as
Q9: These are processes whereby firms shed many
Q10: Weber's approach to location theory has been
Q11: _ economies can be accrued within a
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