Respuesta :
This company is benefiting from economics of location.
What is economics of location?
The study of business tactics employed in a monopolistically competitive setting to choose a site is known as the economics of location in the field of economics. An economics of location approach is consistent with companies manufacturing similar or identical items, unlike a product differentiation strategy, where businesses differentiate their products to draw customers. The creation, distribution, and consumption of products and services are all studied in the social science known as economics. The study of economics focuses on how economies function and the activities and interactions of economic agents. In microeconomics, the analysis of individual agents and markets, as well as their interactions and interactions' results, is done on what are thought to be the fundamental components of the economy.
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