WAEC Economics 2019 Objective — Question 24
Question 24 of 50 from the West African Examinations Council (WAEC) Economics 2019 Objective paper, with the correct answer and a full explanation.
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Government in most cases influences location of a firm to
- A. discourage private investors
- B. ensure equitable distributionCorrect
- C. reduce cost of production
- D. make the firms enjoy economies of scale
Explanation
Government often influences where firms locate in order to ensure a more equitable distribution of industry and economic activity/benefits among its citizens.
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