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?
I think one factor of production the company needs to address most closely when making its decision to expand is the land factor because the company will be in debt if they have expanded to an area where no one is patronizing their product or keep on expanding without thinking or surveying the area. They will keep on paying rental payments, but the return of money is not that good.
<u>Fallacy: </u>The term "fallacy" is determined as a process that tends to occur when a specific observer ought to assume that his or her "subjective experiences" is somehow reflecting the true nature of any specific event. However, it also signifies the faulty or incorrect utilization of anything in a particular argument.
Depending on state law, persons having concurrent ownership may hold title as:
-tenants in common. -joint tenants with the right of survivorship. -community property. -tenants by the entirety. <span>-tenants in partnership.</span>
