Which Type of Industry Renders a Firm More Productive When

question 25

Multiple Choice

Which type of industry renders a firm more productive when located near each other than when separated from each other geographically?

• A) Economies of scale
• B) Economies of scope
• C) Comparative advantage
• D) Agglomeration economies

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Definitions:

Ontological

Pertaining to the nature of being, existence, or reality, often considered within the branch of metaphysics dealing with the nature of what is.

Axiological

Relating to the branch of philosophy dealing with values, including those in ethics and aesthetics, as it pertains to research.

Creswell and Plano Clark

Authors known for their work on research methodologies, particularly in mixed methods research.

Qualitative

Pertaining to research or data that is descriptive in nature and concerned with phenomena that are not easily reduced to numbers or quantified.