For a location decision, labour productivity may be important in isolation, but low wage rates are a more important criterion.

Name: For a location decision, labour productivity may be important in isolation, but low wage rates are a more important criterion.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Low wage rates may be a more important criterion for location decisions, but labour productivity is still an important factor to consider. High productivity can offset higher wages and result in a more cost-effective location for businesses.

For a Location Decision, Labour Productivity May Be Important in Isolation