Location Decisions Are Based on Many Things,including Costs,revenues,incentives,attitudes,and Intangibles,but Not

question 27

True/False

Location decisions are based on many things,including costs,revenues,incentives,attitudes,and intangibles,but not on ethical considerations.

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Definitions:

Society's Welfare

The overall well-being and quality of life of a community or society, often considered in terms of health, happiness, and prosperity.

Efficiency

The degree to which resources are utilized effectively to achieve a goal with minimum waste of time and effort.

Government

The governing body of a nation, state, or community which creates and enforces laws, manages public resources, and regulates societal functions.

Government Intervention

Actions taken by a government to affect or interfere with market activities or uphold laws for economic or social outcomes.