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Under what circumstances would a firm be located near the market for its products?

Highlight circumstances under which a firm would be located near the market for its products.

Answers

(i) Markets and raw materials are located in the same area.

(ii) Where goods are specialized and require after sales services.

(iii) Where products are perishable.

(iv) Where products are fragile.

(v) Where there is need to reduce the costs.

(vi) Where government policy requires that the firms be located in that area.

maurice.mutuku answered the question on August 15, 2017 at 07:05

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