WAEC Economics 2024 Objective — Question 30
Question 30 of 50 from the West African Examinations Council (WAEC) Economics 2024 Objective paper, with the correct answer and a full explanation.
Advertisement
30. Locating firms in urban areas may
- A. reduce rural-urban migration.
- B. ensure balanced development of rural areas.
- C. make a firm enjoy the benefits of the existence of other firms.Correct
- D. increase urban-rural migration.
Explanation
A firm located in urban areas will enjoy the facilities and benefits that are available due to the existence of other firms nearby.
Advertisement
Sign up free to unlock
- Score tracking
- Practice history
- Saved questions
- Progress dashboard
- Personalized sessions
- Weak-topic breakdown
…and/or go further with premium services and No Ads.