Post Utme Bsu 2018 Geography Question 2

Practice objective / multiple choice question 2 from the 2018 Post Utme Bsu Geography examination.

Post Utme Bsu 2018 Geography Objective / Multiple Choice
Question 2 POST_UTME_BSU • 2018 • GEOGRAPHY • objective

A company is considering two different locations for a new factory. Location A has a high labor cost but is close to a major transportation hub, while Location B has a low labor cost but is far from the transportation hub. Which of the following economic concepts is most relevant to this decision?

Answer Options

A. Opportunity cost
B. Comparative advantage
C. Economies of scale
Correct Answer D. Transportation costs
Correct Answer
D
Correct Option:
Transportation costs

About This Question

This is Post Utme Bsu 2018 Geography Question 2. It is one of the objective questions from the 2018 Post Utme Bsu Geography examination.

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