Companies often choose to build plants compliant with stricter environmental standards when they locate in low-income countries with lax environmental standards. This is because Select the correct answer below: O they want to improve the living conditions of people living in these countries designing an industrial plant is a complex and costly task, and so if a plant O works well in a high-income country, companies prefer to use the same design everywhere they want to show local companies that the environmental issues caused by production should be taken seriously and dealt with appropriately they want to have a better record of compliance with environmental laws than do locally-owned plants.

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Companies often choose to build plants compliant with stricter environmental
standards when they locate in low-income countries with lax environmental
standards. This is because
Select the correct answer below:
they want to improve the living conditions of people living in these countries
designing an industrial plant is a complex and costly task, and so if a plant
O works well in a high-income country, companies prefer to use the same
design everywhere
they want to show local companies that the environmental issues caused by
production should be taken seriously and dealt with appropriately
they want to have a better record of compliance with environmental laws
than do locally-owned plants.
Transcribed Image Text:Companies often choose to build plants compliant with stricter environmental standards when they locate in low-income countries with lax environmental standards. This is because Select the correct answer below: they want to improve the living conditions of people living in these countries designing an industrial plant is a complex and costly task, and so if a plant O works well in a high-income country, companies prefer to use the same design everywhere they want to show local companies that the environmental issues caused by production should be taken seriously and dealt with appropriately they want to have a better record of compliance with environmental laws than do locally-owned plants.
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