Incentives are available to firms willing to locate in primarily: a. High rents areas b. Economically-depressed...
Incentives are available to firms willing to locate in primarily:
a. High rents areas
b. Economically-depressed areas
c. A tight labor market
d. Economically advanced areas
Homework Answers
Ita simple terms incentives are exxtra benifits that is provided by the conpany so that the firms get extra mottivation to perform their work.
Incentive is primarily needed in that place where more are present and more competiton is present.
Out of the given options only option C which talks about a tight labor where many firms compete because there will be more competition to generate more number of customers and more number of incentives are provided.
when the incentives are provided then same firm will get motivated to do the work.
In economical advanced area or depressed areas there is no need to pay extra incentive as more forms to Willing to do work in that area due to more availability of resources.
So option C is true
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