Social Sciences, asked by anuragsingh77, 1 year ago

why is the least count is known as decision making factor for the industrial location​

Answers

Answered by starkhan12328
1
Raw materials,labour,land,nearness to market all play important roles for the location of industry.But..but...but least cost of all these is of atmosphere importance.
Reason: Capital is invested firstly,
moreover industries are set up in the outskirts of a city to avoid pollution.So,low cost allows you to help decide the location of an industry.Also,industrialists always yearn for high profit making at low capital investment.So,they search for places where all the industrial equipment is available at "least cost"
thanks

Answered by AashifHussain
1
hey plz look here your answer

Least cost is known as a decision making factor for ideal location of industry because they tend to locate themselves at a place where all the factors of industrial location are available to them or can be arranged at low cost .

I hope you are understand.
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