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WAEC Economics 2016 Paper
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© africaexams.com
Question : 30
Total: 50
Location of firm in rural areas may
enable the firm to enjoy existing infrastructural facilities
make finance readily avalaible
enhance even or balanced development
make such firm enjoy external economics of scale
Validate
Solution:
- It will be easier for the
firm
to get raw materials in the
rural areas
.
- It would bring about development and improvement in the standard or living in the
area
.
- Basic infrastructure may not be available.
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