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