Multiple Choice
Based on the following information, determine the location quotient for Amusement City and whether this city has a competitive advantage in the amusement industry. Employment in Amusements and Recreation in Amusement City: 54,446; Total Employment in Amusement City: 578,477; Employment in Amusements and Recreation (nationally) : 1,381,377; Total Employment (nationally) : 106,201,232.
A) 0.14; No, the city does not have a competitive advantage in this industry.
B) 7.24; No, the city does not have a competitive advantage in the industry
C) 0.14; Yes, the city has a competitive advantage in this industry
D) 7.24; Yes, the city has a competitive advantage in this industry
Correct Answer:

Verified
Correct Answer:
Verified
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