Capital is the most important determinant of a firm's location in most industries.

Question

Quizplus · Accepted Answer

While capital is certainly an important factor for many industries, other factors such as labor availability, transportation and logistics, proximity to suppliers and customers, government regulations, and market demand can also play a significant role in determining a firm's location. Therefore, it is not accurate to say that capital is the most important determinant in most industries.

Capital Is the Most Important Determinant of a Firm's Location