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30-03-2022
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Explain the degree to which least-cost theory predicts the local site-selection factors for the location of multinational service industry corporate offices

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adefioyelaoye adefioyelaoye

08-04-2022

Least-cost theory predicts industrial locations because it entails selection based on the availability of natural resources.

What is Least-cost theory?

This states that the location of a processing plant will be in an area that ensures the lowest cost of production processes.

The availability of natural resources such as water, raw materials etc will ensure that cost of production is minimized.

Read more about Least-cost theory theory here https://brainly.com/question/16110376

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