Local wage rates, presence of local unions, and attitudes of local workers would be major factors for location decisions for businesses that ________________________.
A) are labor intensive
B) have perishable products
C) have high transportation costs
D) have need for specific raw materials
E) provide in-home services

Question

Quizplus · Accepted Answer

Labor-intensive businesses heavily rely on the availability of a skilled workforce, and the wage rates and union presence in the local area can significantly impact their cost of production. Perishable products, transportation costs, and raw materials are also important factors but may not be as critical as the availability of local labor for labor-intensive businesses. The provision of in-home services is more dependent on the local market demand rather than the local labor environment.

Local Wage Rates, Presence of Local Unions, and Attitudes of Local