ddpn2223 regional and rural development the location ......imitsu sakai wakayama 200 cost price sl...

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THE LOCATION OF INDUSTRY

[Note: this lecture note is based on a book by: John Glasson (1978) “Introduction to Regional Planning” and other sources as mentioned]

DDPN2223 Regional and Rural Development

Khairul Kamarudin (August 2013)

Want to maximise profit the most profitable location for a firm/industry will be where total revenue exceeds total cost by the greatest amount.

Figure shows profitable locations lie between points A and B and O is the optimum point/location.

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