GK
BOOKS AND AUTHORS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Jean gottman
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R.l.singh
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Weber
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C.d.forde
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Detailed explanation-1: -According to Weber, the optimum location of a firm is determined by transport cost, labour cost and advantages of agglomeration. To him, at first the point of least transport cost is determined and there after the effect of advantages of agglomeration is considered.
Detailed explanation-2: -With the publication of Über den Standort der Industrie (Theory of the Location of Industries) in 1909, Alfred Weber developed a general theory of industrial location. His model took into account spatial factors for finding the optimal location and minimal cost for manufacturing plants.
Detailed explanation-3: -Weber’s theory, called the location triangle, sought the optimum location for the production of a good based on the fixed locations of the market and two raw material sources, which geographically form a triangle.