Which of the Following Statements Is False

question 40

Multiple Choice

Which of the following statements is false?

• A)The initial focus in facility location is on a region.
• B)Because manufacturing plants and warehousing can be very expensive to lease or build,companies are hesitant to close them.
• C)Poorly located facilities do not impact logistical effectiveness.
• D)Poorly located facilities negatively impact logistical efficiency.

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Definitions:

Laffer Curve

A theoretical representation of the relationship between tax rates and the amount of tax revenue collected by governments, indicating an optimal tax rate that maximizes revenue.

Tax Revenue

The income that is gained by governments through taxation, crucial for funding public services and infrastructure.

Price Ceiling

A legal maximum price set by the government for a particular good or service, intended to prevent prices from becoming excessively high.