What are situation costs critical for a firm that wishes to?
APHG Unit 7 (Development, Industrialization, Economic)

Flashcard
•
Geography
•
9th - 12th Grade
•
Hard
Katlyn Vassalla
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50 questions
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1.
FLASHCARD QUESTION
Front
Back
Minimize transport costs.
2.
FLASHCARD QUESTION
Front
Producers of automobiles select assembly plant locations primarily for their closer access to: government subsidies, raw materials, water transportation, labor markets.
Back
labor markets
3.
FLASHCARD QUESTION
Front
Soda bottling is an example of a
Back
bulk-gaining industry.
4.
FLASHCARD QUESTION
Front
A company which uses more than one mode of transport will often locate near what?
Back
Break-of-bulk Point
5.
FLASHCARD QUESTION
Front
Why are the factories in Mexico close to the border?
Back
Easy to ship in and out
6.
FLASHCARD QUESTION
Front
What are the factories in Mexico called?
Back
Maquiladoras
7.
FLASHCARD QUESTION
Front
According to Alfred Weber, which cost of production is the most important factor in locating a new industry? Options: Labor, Transportation, Raw Materials, Agglomeration Costs
Back
Transportation
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