Which of the following factors play the most important role in the location of an industry in a particular region?

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Raw material

Market

Least production cost

Transport

answer is C.

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Detailed Solution

The least production costs play the most important role in the location of an industry in a particular region.
Production prices talk to all the direct, and oblique prices agencies face from producing a product or supplying a service. Production prices can consist of many expenses, including labour, raw materials, consumable production supplies, and trendy overhead. The value of manufacturing is described because the prices incurred to attain the elements of manufacturing which includes labour, land, and capital, which can be wanted withinside the manufacturing manner of a product. The factors determining the location of the industry include land, water, labour power, transport, market, and capital. The most important factor among these is the least production cost.

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