A clothing company wants to expand into new regions. It is looking at an urban area with very few vacant warehouses. The populat

Question

3 years ago

8

A clothing company wants to expand into new regions. It is looking at an urban area with very few vacant warehouses. The populat

ion is made up of people with average educations and a lower standard of living. The company is experiencing slower sales but has hopes that product will take off and be successful. Which of the factors of production will the company need to address most closely when making its decision to expand? land capital land and labor labor and capital

History

2 answers:

otez555 [7] · Answer 1 · 2022-06-17T23:58:17+03:00

otez555 [7]3 years ago

3 0

Land i belive Hope this helps

Dima020 [189] · Answer 2 · 2022-06-18T02:25:04+03:00

Answer:

Capital

Explanation:

In this example, we learn of a company that wants to expand in the future. The company has already dealt with the problems of land and labour, and they have analyzed what their expectations are in these two areas. However, the company has not yet obtained enough information regarding the sales that they can expect in the future. Therefore, capital is the factor of production that the company will have to study when making its decision to expand.