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One Reason for a Firm Locating near Its Competitors Is

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One reason for a firm locating near its competitors is the presence of a major resource it needs.


Definitions:

Prejudicial Remarks

Statements or comments that are unfair or biased, often based on stereotypes, leading to the discrimination of individuals or groups.

Discrimination

The unfair or biased treatment of various groups of individuals, frequently rooted in differences such as racial background, age, gender, or physical abilities.

Race

A social construct used to categorize humans into large and distinct groups based on physical characteristics, ancestry, culture, or history.

Stereotypes

Oversimplified generalizations about a group of people without considering individual differences.

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