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
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. 4.43; No, the city does not have a competitive advantage in the industry. 4.43; Yes, the city has a competitive advantage in this industry. 0.23; No, the city does not have a competitive advantage in this industry. 0.23; Yes, the city has a competitive advantage in this industry.
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