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

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asked Mar 28, 2018 in Social Science by anukriti (13,536 points) ● 5 ● 10 ● 19
Why is the'least cost' known as decision making factor for ideal location of an industry?

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answered Mar 28, 2018 by faiz (82,347 points) ● 6 ● 6 ● 11
selected Mar 28, 2018 by anukriti
 
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Manufacturing activity tends to locate at the most appropriate place where all the factors of industrial locations are either available or can be arranged at a lower cost

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