Which one of the following theories was not propounded by August Lösch ?
Lösch's location theory emphasises market demand, revenue and profit maximisation. The least-cost approach is associated with Alfred Weber, so cost-based industrial location…
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Which one of the following theories was not propounded by August Lösch ?
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Correct answer B
Lösch's location theory emphasises market demand, revenue and profit maximisation. The least-cost approach is associated with Alfred Weber, so cost-based industrial location theory is the exception.
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