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The Center-Of-Gravity Method Determines the Best X and Y Coordinates

question 20

True/False

The center-of-gravity method determines the best X and Y coordinates (location) for multiple facilities by finding a central location and then assigning the facilities around the periphery of that location.

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Opportunity Cost

Opportunity cost is the value of the next best alternative forgone as a result of making a decision.

Bananas

A curved, yellow fruit that is rich in potassium and can be eaten raw or used in cooking and baking.

Exports

Exports are goods or services produced in one country and sold to buyers in another, contributing to a nation's GDP and influencing its balance of trade.

Produced Domestically

Goods or services that are manufactured or created within a country's borders.

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