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Question
Based on the following information, determine the location quotient for Music City and whether this city has a competitive advantage in the entertainment industry. Employment in Entertainment in Music City: 3,020; Total Employment in Music City: 656,785; Employment in Entertainment (nationally): 2,160,970; Total Employment (nationally): 106,201,232.
A. 0.23; No, the city does not have a competitive advantage in this industry.
B. 4.43; No, the city does not have a competitive advantage in the industry
C. 0.23; Yes, the city has a competitive advantage in this industry
D. 4.43; Yes, the city has a competitive advantage in this industry
Answer
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Related questions
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