Discuss the concepts of procurement cost

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Question: Using the concepts of procurement cost, distribution cost, and monetary weights, explain why resource oriented firms locate at resource sites. In your answer, discuss the cases of relative differences in physical weight of input and output as well as relative differences in transport prices of input and output?

Reference no: EM131898822

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Discuss the concepts of procurement cost : Using the concepts of procurement cost, distribution cost, and monetary weights, explain why resource oriented firms locate at resource sites.

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