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igomit [66]
3 years ago
10

Categorization of a market area for a center is relatively simple because the size of the market area served is refleced in the

centers size.
a. True
b. False
Business
1 answer:
sergey [27]3 years ago
6 0

Answer: True

Explanation:

The Market Area that a Centre will serve is directly related to its size. This is because the larger the size of a Centre, the more services it offers that will bring people from further to it.

Services range from low level to high level. High level services bring people from further away while low level services are mostly for people in the area.

A large centre will have more High level services offered and so will serve people from further as opposed to a small centre that will have more low level services which will serve people in it's vicinity.

Think about Neighbourhood stores vs large Shopping Complexes.

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$0.10

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3 years ago
A purchase of a new issue of stock takes place Group of answer choices in the primary market. in the secondary and primary marke
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