Often asked: How Is A Newspaper Highly Perishable?

Why is vehicle production highly clustered?

Why is vehicle production highly clustered? Needs to be closer to large markets as is bulk-gaining.

Why do MDCs play a larger role in textile assembly than LDCs?

Why do MDCs play a larger role in textile assembly than LDCs? Because most of consumers are in developed countries.

What type of industry locates the production point close to the market to minimize transportation costs associated with heavier products?

Copper smelting Lumber products used for paper or furniture Weight/bulk are lost in processing/ manufacturing; therefore the industry locates close to the source of raw materials in order to minimize transportation costs.

What are the three production cost factors?

What are the three production cost factors associated with the site of an industry? Land, labor, and capital.

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What are three reasons cities are attractive locations for factories?

What are three reasons cities are attractive locations for factories? Large supply of labor, Capital sources, and close to market.

Is steel a bulk gaining industry?

Example: A prominent example of a bulk gaining industry is the fabrication of machinery from steel. Definition: An industry in which the final product weighs less or comprises a lower volume than the inputs. Example: An example of a bulk reducing industry would be the steps of copper refining.

What two forms of transportation grew rapidly?

What two forms of transportation grew rapidly? Canals and railroads.

Why does a company select proximity to inputs?

A firm seeks a location that minimizes the cost for transporting inputs to the factory & finished goods to consumers. To minimize transportation costs, need to locate near where product is sold. Two examples of bulk-gaining industries. Fabrication of parts & machinery from steel & other metals.

What is a bulk gaining industry?

Bulk – gaining industries make products that weigh more after assembly than before assembly; bulk -reducing industries make products that weigh less after assembly than before assembly. Bulk – gaining industries are primarily focused on environmental sustainability; bulk -reducing industries are concerned solely with profit.

Why would an industry located near raw materials?

Factories usually locate close to the source of their raw materials. This is because the cost of the raw material includes the cost of transporting it to the factory. By locating close to the raw material, a factory can reduce the cost of manufacturing its products.

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What industries locate close to the market?

Industry locates close to the market in order to minimize transportation costs with low labor costs. an example would be soft drink bottling because weight is gained so its a bulk gaining. in processing and manufacturing.

Is soft drink bottling bulk gaining?

* Soda bottling is a bulk gaining industry. *an economic activity in which the final product weighs less than its inputs. An industry for which labor costs comprise a high percentage of total expenses.

What are the 7 factors of production?

= ℎ [ 7 ]. In a similar vein, Factors of production include Land and other natural resources, Labour, Factory, Building, Machinery, Tools, Raw Materials and Enterprise [8].

What are the five factors of production?

The factors of production include land, labor, entrepreneurship, and capital.

What are main factors of production?

Factors of production are the resources people use to produce goods and services; they are the building blocks of the economy. Economists divide the factors of production into four categories: land, labor, capital, and entrepreneurship.

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