Post Utme Joseph Ayo Babalola University 2021 Geography Question 2

Practice objective / multiple choice question 2 from the 2021 Post Utme Joseph Ayo Babalola University Geography examination.

Post Utme Joseph Ayo Babalola University 2021 Geography Objective / Multiple Choice
Question 2 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2021 • GEOGRAPHY • objective

A company is considering the establishment of a new manufacturing facility in a region with an abundance of natural resources. What economic principle should guide the decision-making process?

Answer Options

A. Comparative Advantage
Correct Answer B. Opportunity Cost
C. Economies of Scale
D. Resource Curse
Correct Answer
B
Correct Option:
Opportunity Cost

About This Question

This is Post Utme Joseph Ayo Babalola University 2021 Geography Question 2. It is one of the objective questions from the 2021 Post Utme Joseph Ayo Babalola University Geography examination.

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