Least cost approach in Industrial location is associated with :

(A) Christaller
(B) Weber
(C) Smith
(D) Hartshorne

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Correct Answer : Weber
Question Asked : OPSC OCS Pre. Exam 2018
Explanation : Least cost Theory of Industrial location was formulated by Alfred Weber. The theory tries to explain and predict the locational pattern of the industry at a macro scale. It emphasises that firms seek a site of minimum transport and labor cost.
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