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Location externalities (skilled labor force, supporting industries in place, etc.) are considered a __________ factor when choosing a location of production. A. Product B. Technological C. Country-specific D. Manufacturing

1 Answer

4 votes

Answer:

Option C. is correct

Step-by-step explanation:

Externality refers to the impact of market exchange on a third party that is a person who is external to the exchange.

Location externalities include skilled labor force, supporting industries in place, etc.

Location externalities are considered a country-specific factor when choosing a location of production.

So,

Option C. is correct

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