All of the following are true of location economies EXCEPT ________.
A) to take advantage of location economies, companies can undertake business activities in a particular location
B) to take advantage of location economies, companies can obtain products and services from firms located in a particular location
C) they are economic benefits derived from locating production activities in optimal locations
D) they cannot be derived from performing research and development in a particular location

Question

Quizplus · Accepted Answer

Location economies can be derived from various business activities such as production, sourcing, and marketing. However, research and development activities are not typically associated with location economies as they are more focused on developing new technologies or products rather than taking advantage of location-based economic benefits.

All of the Following Are True of Location Economies EXCEPT