ECONOMICS (CBSE/UGC NET)

ECONOMICS

ECONOMIC DEVELOPMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
If a manufacturing company uses a single, weight-losing raw material to manufacture its finished product, then most likely the company will
A
locate several manufacturing plants close to consumers
B
use a ubiquitous raw material
C
choose to outsource its labor component
D
agglomerate close to similar factories
E
locate its manufacturing plant at the raw material site
Explanation: 

Detailed explanation-1: -All these raw materials are gross (weight losing), therefore, the best location for the iron and steel plants is near the source of raw materials.

There is 1 question to complete.