Which Is Not One of the Three Primary Expenses to Be

question 3

Multiple Choice

Which is not one of the three primary expenses to be minimized in Weber's least-cost theory for industrial location decisions?

• A)agglomeration costs
• B)advertising costs
• C)transport costs
• D)labor costs

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Definitions:

Retrieval Cue

A hint or signal that helps one to recall a memory.

Mnemonic

A tool or strategy designed to help remember information, often by association with something easier to remember.

Flashbulb

Refers to vivid, detailed memories of significant events, which seem to be recorded in the mind just as a flashbulb captures a moment in photography.

Schema

An individual’s mental representation that summarizes her knowledge about a certain type of event or situation.