What kind of locations should the firm seek for its plants

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A chemical firm is considering how best to supply the world market for sulfuric acid, A manufacturing plant costs about $20 million to construct and requires a moderately skilled workforce. The total value of the world market for this product over the next 10 years is estimated to be between $20 billion and $30 billion. The tariffs prevailing in this industry are moderate.

Should the firm favor concentrated manufacturing or decentralized manufacturing? What kind of location(s) should the firm seek for its plant(s)?

Reference no: EM131374306

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