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A chemical firm is seeing how best to supply the world market for sulphuric acid. A manufacturing plant costs approximately $20million to construct as well as requires a moderately skilled workforce. The total worth of the world market for this product over the next 10 years is estimated to be between $20billion and $30 billion range. The tariffs usual in this industry are moderate. Should the firm favour concentrated manufacturing or decentralized manufacturing? What generous of location(s) must the firm seek for its plant(s)?
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