Question: Consider the spatial interaction (or gravity) model with two retail sites, denoted A and B. If these two sites are equally attractive to a customer,
Consider the spatial interaction (or gravity) model with two retail sites, denoted A and B. If these two sites are equally attractive to a customer, but site B is twice as far from the customer as site A, then the proportion of that customer's demand that is served by site B is: a) over 74%. b) 58% - 74%. c) 34% - 57.99%. d) under 34%.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
