For a location decision, labor productivity may be important in isolation, but low wage rates are a more important criterion. true false

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18-08-2022
Business

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For a location decision, labor productivity may be important in isolation, but low wage rates are a more important criterion. true false

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Munali Munali · Answer 1 · 2022-08-24T18:01:37+02:00

For a location decision, labor productivity may be important in isolation, but low wage rates are not more important criterion.

The statement given in the question is false.

What is labor?

Labor is the man force that an organization hires to help in the production. These employee are paid wages, sometimes hourly rate is paid and sometimes it is per unit.

Labor productivity is an important criteria to choose the location, the wage rates can vary and can be borne by the company if good profits are generated.

Learn more about labor at https://brainly.com/question/27308205

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