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WAEC Economics 2016 Objective — Question 31

Question 31 of 50 from the West African Examinations Council (WAEC) Economics 2016 Objective paper, with the correct answer and a full explanation.

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31. Location of firms in rural areas may (a) enable the firms to enjoy existing infrastructural facilities (b) make finance readily available (c) enhance even or balanced development (d) make such firms enjoy external economies of scale

  • A. enable the firms to enjoy existing infrastructural facilities
  • B. make finance readily available
  • C. enhance even or balanced developmentCorrect
  • D. make such firms enjoy external economies of scale

Explanation

If firms are located in rural areas there will be balanced development in the country as people will move to rural areas again.

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