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Multiple-choice questions:
Where weight is gained in the course of production, a firm will tend:
- to produce near its market;
- to produce near its sources of raw materials;
- to be indifferent to where it produces;
- to be ‘footloose’
- to need government grants.
Where weight is lost in the course of production, a firm will tend:
- to produce near its market;
- to produce near its sources of raw materials;
- to be indifferent to where it produces;
- to be ‘footloose’
- to need government grants.
A firm not bound by considerations of transport costs will tend:
- to produce near its market;
- to produce near its sources of raw materials;
- to be indifferent to where it produces;
- to be ‘footloose’
- to need government grants.
Iron and steel production on a coalfield, is an example of:
- natural advantage of location;
- acquired advantage of location;
- government-sponsored advantage of location;
- industrial inertia;
- none of the above.
Nearby ancillary industries providing a market for by-products, is an example of:
- natural advantage of location;
- acquired advantage of location;
- government-sponsored advantage of location;
- industrial inertia;
- none of the above.