Discussion
The classical model of Industrial location theory in which least cost approach is of primary consideration is recognised as the industrial location theory of
Answer: A
Weber's theory of industrial location is the classical least cost approach. Alfred Weber argued that an industry is located at the point where the cost of transport and labour is least, with the agglomeration effects added.
Smith (the spatial margins approach), Isard (the general location theory) and Hoover (transfer cost) came after Weber and included other points, so they are not the classical least cost model.
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