Based on the Following Information, Determine the Location Quotient for Music

question 32

Multiple Choice

Based on the following information, determine the location quotient for Music City and whether this city has a competitive advantage in the entertainment industry. Employment in Entertainment in Music City: 3,020; Total Employment in Music City: 656,785; Employment in Entertainment (nationally) : 2,160,970; Total Employment (nationally) : 106,201,232.

• A) 0.23; No, the city does not have a competitive advantage in this industry.
• B) 4.43; No, the city does not have a competitive advantage in the industry
• C) 0.23; Yes, the city has a competitive advantage in this industry
• D) 4.43; Yes, the city has a competitive advantage in this industry

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