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____ is a noneconomic factor in location decisions.

a. Construction
b. Availability of labor
c. Depreciation and maintenance
d. Insurance

User Nebulous
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1 Answer

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Final answer:

Noneconomic factors in location decisions include the availability of labor, construction, depreciation and maintenance, and insurance.

Step-by-step explanation:

Noneconomic factors in location decisions include the availability of labor, construction, depreciation and maintenance, and insurance. These factors do not directly affect the financial aspect of the decision-making process but still play a significant role in determining the optimal location for a factory or business.

For example, the availability of skilled labor in a particular area may be a critical consideration for a factory owner. Similarly, factors such as the quality of construction and maintenance, can impact the long-term viability and success of a business in a specific location.

User John Jefferies
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