Concerning the Influence That Transportation Costs Have on the Location

question 71

Multiple Choice

Concerning the influence that transportation costs have on the location of industry, which of the following industries is likely to have the greatest profit gain by locating the production facilities close to resource supplies?

• A) autos
• B) steel
• C) soft drinks
• D) valuable electronics goods

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Definitions:

Class Size

The number of students enrolled in a given class or course, often influencing the effectiveness of teaching and learning.

Distribution Tails

The regions at either end of a probability distribution, often of interest for understanding the likelihood of extreme outcomes.

Extreme Values

Observations in data that are significantly higher or lower than the majority, often indicating outliers or anomalies in datasets.

Stem

In 'stem-and-leaf' displays, the 'stem' represents the leading digits of the numbers, providing a quick overview of data distribution while retaining the original data values.