Solved

Concentration of Production Makes Most Sense When

Question 87

Multiple Choice

Concentration of production makes most sense when


A) trade barriers are low.
B) the product's value-to-weight ratio is low.
C) important exchange rates are volatile.
D) flexible manufacturing technology does not exist.
E) the production technology has low fixed costs.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions