The Need for Economies of Scale Often Restricts Choice of Location

question 31

True/False

The need for economies of scale often restricts choice of location for service facilities.

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Definitions:

Lax Regulation

Refers to regulatory policies that are not strict or rigorous, often leading to lessened supervision over activities.

Clean Air Act

U.S. legislation aimed at reducing and controlling air pollution by setting limits on emissions from both stationary and mobile sources.

Philanthropic Responsibilities

The obligation of individuals or organizations to act for the benefit of society at large, often through charitable activities or donations.

Archie B. Carroll

A scholar known for his work on corporate social responsibility and the pyramid model that outlines the responsibilities of businesses.