This question has more than one correct answer and all must be selected. Select all the statements that are true. The ratio of labour cost per day to productivity, in units per day, is the labour cost per unit. An example of an intangible cost, as it relates to location decisions, is the quality of education. Lists have been developed that rank countries on issues such as "competitiveness" and "corruption." Generally, the objective of the location decision is to maximize the firm's profit. For a location decision, labour productivity may be important in isolation, but low wage rates are a more important criterion