A city that has a Location Quotient of 5 for a given industry indicates that its economy:
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Question:
a) Has a concentration of that industry relative to rest of the U.S. economy
b) Has less of that industry relative to rest of the U.S. economy
c) Will experience greater economic growth due to the presence of that industry
d) Should attempt to diversify its economy
Related Book For
Introduction To Statistics And Data Analysis
ISBN: 9781337793612
6th Edition
Authors: Roxy Peck, Chris Olsen, Tom Short
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