Multiple choice

The cost of producing iron in India is considerably lower than in other countries because of

  1. low wages of miners

  2. large supply of iron ore

  3. large supply of coal

  4. coal and iron ore are found in the same area
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A Correct answer
Explanation

The relatively low cost of iron production in India is primarily attributed to the availability of cheap labor, specifically the low wages of miners compared to international standards.

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