read the scenario. a clothing company wants to expand into new regions. it is looking at an urban area with…

read the scenario. a clothing company wants to expand into new regions. it is looking at an urban area with a large number of vacant warehouses. the population is made up of people with average educations and a lower standard of living. the company is experiencing slower sales but has hopes that product will take off and be successful. which of the factors of production will the company need to address most closely when making its decision to expand? labor and capital capital land land and labor

read the scenario. a clothing company wants to expand into new regions. it is looking at an urban area with a large number of vacant warehouses. the population is made up of people with average educations and a lower standard of living. the company is experiencing slower sales but has hopes that product will take off and be successful. which of the factors of production will the company need to address most closely when making its decision to expand? labor and capital capital land land and labor

Answer

Brief Explanations:

The company needs space (land - vacant warehouses) to store products and workers (labor) to operate. Capital is also important for investment, but land and labor are more directly related to the expansion into the new region considering the context of the available warehouses and the local population.

Answer:

land and labor