In Weber's least-cost theory of industrial location,the major factor in the location of industry is

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Weber's least-cost theory of industrial location emphasizes the importance of transportation costs in determining where industry is located. Weber argued that firms will choose locations that minimize the cost of transportation by placing themselves near raw materials and markets. This theory assumes that all other factors, such as labor costs and government subsidies, are equal across locations.

In Weber's Least-Cost Theory of Industrial Location,the Major Factor in the Location