Post Utme Lead City University 2022 Geography Question 38

Practice objective / multiple choice question 38 from the 2022 Post Utme Lead City University Geography examination.

Post Utme Lead City University 2022 Geography Objective / Multiple Choice
Question 38 POST_UTME_LEAD_CITY_UNIVERSITY • 2022 • GEOGRAPHY • objective

A company is considering two different locations for a new factory. Location A has a high cost of labor but is close to a major market, while Location B has a low cost of labor but is far from the market. Using the concept of opportunity cost, which location would you recommend for the company?

Answer Options

Correct Answer A. Location A
B. Location B
C. Both locations are equally viable
D. Neither location is suitable
Correct Answer
A
Correct Option:
Location A

About This Question

This is Post Utme Lead City University 2022 Geography Question 38. It is one of the objective questions from the 2022 Post Utme Lead City University Geography examination.

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