Multiple Choice
Locational models suggest that customers are better off if:
A) they are near a store since their travel time, and therefore the cost of travel, are reduced.
B) there are many stores since price competition will lower the cost of goods.
C) they are far from a store since noise, congestion, and garbage are reduced.
D) stores are operated as communes since costs are reduced and profits are earned by the customers.
Correct Answer:

Verified
Correct Answer:
Verified
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