read the following scenario.\na clothing company wants to expand into new regions. it is looking at an urban…

read the following scenario.\na 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.\nwhich of the factors of production will the company need to address most closely when making its decision to expand?\nland\ncapital\nland and labor\nlabor and capital

read the following scenario.\na 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.\nwhich of the factors of production will the company need to address most closely when making its decision to expand?\nland\ncapital\nland and labor\nlabor and capital

Answer

Brief Explanations:

The company needs warehouses (capital) and workers (labor). Vacant warehouses are available, but the quality of the labor - force with average education and lower living standards needs assessment. Also, capital for production, marketing etc. is crucial given slow sales.

Answer:

D. labor and capital