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alexandr402 [8]
4 years ago
12

The area surrounding a service from which customers are attracted is the

Business
2 answers:
kotegsom [21]4 years ago
6 0

Answer:

market area

Explanation:

A market area is actually a geographical area from which consumers will come to use or consume your service. Each market area has a certain range which measures the actual distance that consumers are willing to move or travel to use or consume your service.

For certain industries, specially grocery stores or supermarkets, market area is very important, because consumers are generally not willing to travel for two hours in order to get to a Walmart. That is why malls, supermarkets, pharmacies, grocery stores are distributed all around a city. This market area varies depending on the type of product, since consumers from all around the world travel to go to Disneyland.  

emmasim [6.3K]4 years ago
3 0

Answer:

Market place

Explanation:

The area surrounding a service from which customers are attracted is the market place.

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3 years ago
How to beg your professor for a passing grade?
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Some tears will do the job.
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4 years ago
At the beginning of April, Warren Corporation's assets totaled $257,000 and liabilities totaled $77,000. During April the follow
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Answer:

Total liabilities is $170,500

Explanation:

Warren's total liabilities at end of April comprises of the beginning  balance of liabilities of $77,000 plus the notes payable signed in  respect of the building acquired in the course of the year,the computation is shown below:

Beginning balance of liabilities         $77,000

Notes payable                                    $93,500

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3 0
3 years ago
A bank's commitment (for a specified future period of time) to provide a firm with loans up to a given amount at an interest rat
sladkih [1.3K]

Answer:

credit rationing

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Credit rationing is a situation in which borrowers give out a fixed amount of loan to lenders for a specified time at a rate tied to the market interest rate. In this situation, loans do not exceed a certain amount from the borrower no matter what attractive offers are given by the lenders to be able to get a larger loan amount. This is done by the borrower becasue the borrower is earning maximum profits from interest rates and also  is a means to maintain equilibrum between loan funds and loan demands.  

Cheers.

8 0
3 years ago
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