Question: Gravity models are often used to predict retail sales. Which statement would the model support? ( mark all that apply ) Question 6 options: In

Gravity models are often used to predict retail sales. Which statement would the model support? (mark all that apply)
Question 6 options:
In calculating the impact of the distance between shopping centers gravity models assume an inverse square relationship.
Two shopping centers in close proximity, the larger shopping center will attract a proportionally great number of shoppers on a per capita basis than the smaller shopping centers.
In calculating the impact of the distance between shopping centers gravity models assume an inverse relationship.
Smaller shopping centers attract more shoppers on a per capita basis than larger centers

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!