Give a brief account of the factors that influence the location of industries.

The factors that influence the location of industries are:

1. Product Cost 2. The Utility and Demand 3. Extent of Competition in the Market 4. Government and Legal Regulations 5. Pricing Objectives 6. Marketing Methods Used.

1. Product Cost:

The most important factor affecting the price of a product is its cost.

Product cost refers to the total of fixed costs, variable costs and semi variable costs incurred during the production, distribution and selling of the product. Fixed costs are those costs which remain fixed at all the levels of production or sales.

2. The Utility and Demand:

Usually, consumers demand more units of a product when its price is low and vice versa.

3. Extent of Competition in the Market:

The next important factor affecting the price for a product is the nature and degree of competition in the market. A firm can fix any price for its product if the degree of competition is low.

4. Government and Legal Regulations:

The firms which have monopoly ___ _________ _____ _____ _________ ______ _________.
___ ___ ______ _______ ____ ___ __________ _____ _______.
_________ _________ ___ __________ ____ ________ _______.
_________ ___ ______ _________ _________.
___ ________ ________ __________ __________ ______ ________.
____ _____ ____ ________ ___ ________ __________ _____ ________ _________ __________.
_______ ___ _______ _________ ________ __________ ______ ___ ________.
___ _______ _____ _____ _____ _____ ________ ______ _________.
________ ______ ____ ______ _______ ____ ___ ________ ___ _________ ________.
________ ____ ______ ____ _________ _________ ________ _________ _____ __________.
__________ ________ ______ ______ _________ _____ ___.
____ _________ ___ __________ _______ _________ _____ _______.
________ ________ ___ __________ __________ _______ _________ __________.
________ _________ _______ _____ _________ __________ _______ _______.
______ ______ ______ _____ _____ _______ _______.
_____ ____ ________ _______ ________ __________ ____ __________ __________ ________.
_____ ________ _____ _______ ______ _______ ______ ________ _________ ________.
__________ ________ ________ ___ ________ ____ __________ _______ ___ _________ ___.
________ ____ ____ _____ _______ _______.
__________ _________ ______ _________ _______ ____ _________ _______ ___ ______ _________ ___.
__________ _____ _______ ___ __________ ________ ________ _____ _________.
_______ _________ ___ ___ ___ ___ ______ _______.
___ ___ __________ _________ _____.
________ ______ ________ _____ _________ ________ _______ ___ _________.
____ __________ _________ _____ ______ _____ __________ _______ ___ _________ ____.
__________ _____ _________ _______ _____ ___ ____ ___ _____.
________ _____ _________ ______ ________ _____.
_______ ___ ________ __________ ____ _________ _______ _____ _________ _______ ____ ______.
___ ___ _____ ______ ______ ____ _____ ______ ______.
____ _________ ________ ____ ___ _______.
_______ _______ ____ ________ ________ ______ _____ ______ ___ _________ _________.
____ _________ ____ __________ __________.
__________ ______ _________ ______ _____ ______ _____ _____ ___ ____ _____.
____ _____ _____ _____ _______ _____ ________ ____ _____.
_______ ________ ________ _______ ______ ________ _________.
_____ __________ ________ ___ _________ _____ ___ ________ _________.
_________ ___ ___ ___ __________ __________ ____ _____.
_______ ____ ________ _____ ______ ________ ______.
________ _____ ____ ________ _______ _______ ___ _____ ______.
_________ _____ _______ ________ _________ ___ _________ _________.
______ _________ ________ _______ ____ _________ ____ __________ _____ ________ _______.
_________ _________ ________ ___ ______ __________ _____ ______ ______ _____ ______ ____.
___ ________ __________ ______ ___ _____ _____ ________ ___ _______ ______ __________.
________ ____ __________ _________ ______ _____ _____.
_________ __________ ________ ________ ______ ____ __________ __________ ____.
_____ ____ ______ __________ __________.
___ _______ _________ ______ ________ _____ ______ ______ _______ _____.
_____ ___ ______ ______ _________ ______ ______ ______.
_________ ____ _______ __________ ___.
_______ __________ ____ ____ ___ _____ ________.
_______ ________ _______ _________ _________ _______.
________ ____ ___ ________ ____ _______ ______ __________ __________.
__________ ______ _____ ________ ______ ______.
___ __________ _______ _______ _________ ___ _______.
_________ _______ _____ ____ ________ ______ ____ _______ _____ ______ ________ ____.
____ __________ ____ ___ _______ ______ __________ ____ _____ _____.
_______ ____ _________ ________ _________ _____ ________ _________ __________ ________ _________ _______.
__________ ________ _________ ________ ___ _____.
___ ______ _________ ____ ____ _______ _____ ____ _______.
_______ _______ ___ __________ ___ ________ _________ ___ _________ _________ _________ _______.
_____ ___ _____ __________ ___.
_____ _________ __________ ___ _____ ______.
_______ __________ __________ _______ ____ ______ ____ ___ _______ __________ __________.
__________ _________ ___ ______ _____ __________ __________ ____ ____ __________.
_______ ___ _________ ___ ______ ___ ________ ________ _________ ___.
___ __________ _________ _______ ____ _______.
_________ _______ __________ _____ _____ ____ ____ ________.
_____ _________ _____ ______ ________ ________.
______ ______ _______ __________ _________ ______ ________ ___ ________.
_______ _________ ___ _______ __________ ____ ____ ____ ____ _________.
________ ___ _________ _______ _________ ________ ________ ______ ___ ____.
_________ ___ ________ ___ __________ ____ ________.
______ ___ _________ ____ ______ _____ ____ ______.
____ ______ __________ _______ _________ ________ _________ _______ _________ __________ _______.
__________ __________ __________ __________ ________.
________ __________ ___ ____ ___ ______ __________ ____ ________ _________.
___ ____ ___ _________ _________ ____ ___ _________ ___ ____ _______ ________.
______ ________ _____ _______ _____ ________ _____ _____ _____.
________ ______ ______ ______.
Get Full Answer on WhatsApp