Assertion: Generally industries are located at points where the production costs are minimum. Reasoning: The main objective of the industries is profit maximisation by minimising costs. |
Both Assertion (A) and reasoning (R) are correct and R is the correct explanation of A. Both Assertion (A) and reasoning (R) are correct and but R is not the correct explanation of A. Assertion (A) is true but Reasoning (R) is not correct. Assertion (A) is not true but Reasoning (R) is correct. |
Both Assertion (A) and reasoning (R) are correct and R is the correct explanation of A. |
Industries maximise profits by reducing costs. Therefore, industries should be located at points where the production costs are minimum. |