Question: As previously explained, we cannot definitively calculate the exact number of trips going to Shopping Center C due to the following reasons: Limited Information: The
As previously explained, we cannot definitively calculate the exact number of trips going to Shopping Center C due to the following reasons: Limited Information: The provided data only considers two factors (commercial floor space and distance) in the utility function, neglecting other significant factors influencing shopping choices, like variety of stores, brand presence, promotions, and individual preferences. Rational Choice Model Limitations: Even with the assumptions of rational choice and independent irrelevant alternatives, actual consumer behavior can be complex and deviate from these idealized models. Therefore, we can only offer estimates based on the given information and simplifying assumptions. However, estimating individual shopping center trip distributions is generally not possible with the provided information. Instead, we can focus on the relative popularity: Shopping Center B is likely the most preferred based on the highest utility (3.65). Shopping Center C has a relatively close utility (3.52) and might attract a significant portion of the remaining trips. Shopping Center A is likely the least preferred due to the lowest utility (3.1). While the number of trips for each center cannot be accurately calculated, based on their relative attractiveness: Shopping Center B would likely receive the highest number of trips. Shopping Center C might
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