NECO Economics 2007 Objective — Question 43
Question 43 of 60 from the National Examinations Council (NECO) Economics 2007 Objective paper, with the correct answer and a full explanation.
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Which of the following is a factor influencing location of an industry?
- A. Distance to the market
- B. Provision of unskilled labour
- C. Proximity to source of raw materialsCorrect
Explanation
Access to raw materials reduces transportation costs and ensures a steady supply for production.
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