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Three Shopping Locations Devote 1,000,3,000,and 5,000 Square Feet to Luggage

Question 43

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Three shopping locations devote 1,000,3,000,and 5,000 square feet to luggage.A group of potential customers lives 5 minutes from the first location,10 minutes from the second,and 20 minutes from the third.A luggage retailer estimates the effect of travel time to be 1.The probability of consumers shopping at location 1 is 40 percent.

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