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Question
Based on the following information, determine the location quotient for Amusement City and whether this city has a competitive advantage in the amusement industry. Employment in Amusements and Recreation in Amusement City: 54,446; Total Employment in Amusement City: 578,477; Employment in Amusements and Recreation (nationally): 1,381,377; Total Employment (nationally): 106,201,232.A. 0.14; No, the city does not have a competitive advantage in this industry.
B. 7.24; No, the city does not have a competitive advantage in the industry
C. 0.14; Yes, the city has a competitive advantage in this industry
D. 7.24; Yes, the city has a competitive advantage in this industry
Answer
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