Business Studies, asked by nidhipoppins3085, 1 year ago

Why is the least cost known as deciaion making factor for ideal location of an industry?

Answers

Answered by kriti1146

Least cost is the major factor of decision making for the ideal location of an industry because everyone would prefer a place where they could get all the labours, market, water, etc at a cheap price.

Previous Question

Next Question

Similar questions

Hindi, 6 months ago

write a sentence for लालच in hindi. urgent...

Math, 6 months ago

Find the ratio of 18 seconds to 1hours step by step ...

Math, 6 months ago

factor of a²+br+ab+ar...

Economy, 1 year ago

When a firm borrows in a foreign currency, the effective cost is the foreign interest rate plus an adjustment for changes in the exchange rate?

Math, 1 year ago

When a coin is flipped, the probability of getting heads is 0.5, and the probability of getting tails is 0.5 a coin is flipped 5 times column a column b probability of getting exactly 2 heads probability of getting exactly 3 heads?

English, 1 year ago

prepare a speech on 'ill effects of Social Networking Sites'...

Math, 1 year ago

if LCM of two numbers is 1024 and one of the number is prime number then find HCF...

English, 1 year ago

Write a letter to the editor on the topic " Bad roads in your locality".