Post Utme Lautech 2018 Geography Question 37

Practice objective / multiple choice question 37 from the 2018 Post Utme Lautech Geography examination.

Post Utme Lautech 2018 Geography Objective / Multiple Choice
Question 37 POST_UTME_LAUTECH • 2018 • GEOGRAPHY • objective

A company that specializes in the production of solar panels is considering setting up a new factory in a region with an abundance of silicon deposits. Which of the following economic benefits would the company likely experience as a result of this decision?

Answer Options

A. Increased competition from other companies
Correct Answer B. Reduced production costs due to lower transportation costs
C. Increased demand for the product
D. Decreased profit margins
Correct Answer
B
Correct Option:
Reduced production costs due to lower transportation costs

About This Question

This is Post Utme Lautech 2018 Geography Question 37. It is one of the objective questions from the 2018 Post Utme Lautech Geography examination.

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