☑Kizspy.me
(Choose 1 answer)
☐ A
Which of the following statements is NOT TRUE?
A. A localized industrial cluster improves efficiency because it limits the market size by only attracting local
firms and local suppliers.
B. A localized industrial cluster improves efficiency because it can bring together many firms that collectively
provide a large enough market to support a wide range of specialized suppliers.
C. A localized industrial cluster improves efficiency because it creates more competition, availability, and
affordability of key inputs from a network of specialized suppliers.
D. A localized industrial cluster improves efficiency because it frees individual producers from the expense of
developing capital equipment internally and by spreading the costs of development by using specialized
suppliers.
Back
Next
FUQ.sh
sh the exam.
