If a firm pays all transportation costs and it is very costly to transport the inputs, but relatively inexpensive to transport the final product, the cost-minimizing location for the plant will be closer to the ________ and farther away from the ________.

A) customers; distributors
B) customers; inputs
C) distributors; customers
D) inputs; customers

D) inputs; customers

Economics

You might also like to view...

Increased investment spending in the economy would be a possible result of

A) an increase in interest rates. B) a decrease in the money supply. C) an open market sale of bonds by the Fed. D) an open market purchase of bonds by the Fed.

Economics

As bonds become a riskier asset, the demand for money ________ and, all else constant, the equilibrium interest rate ________

A) rises; rises B) rises; falls C) falls; rises D) falls; falls

Economics