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EastWind [94]
3 years ago
13

According to the Huff Gravity Model, the two factors which attract consumers to a store location are: travel time for customer t

o get to location and the number of customers in a trade area. the attractiveness of the store's location and the time it takes to travel to the store. the size of the store and the number of customers in a trade area. travel time for customer to get to location and the distance between a customer's location and store location. the distance between customer location and store location and the number of customers in a trade area.
Business
1 answer:
azamat3 years ago
5 0

Answer:

The correct answer would be option B, The attractiveness of the store's location and the time it takes to travel to the store.

Explanation:

According to the Huff Gravity Model, The two factors which attract customers to a store location are the attractiveness of that store's location and the time it takes to travel to the store.

This means that according to the Huff theory, people will likely to purchase from a store which is present at a more attractive location and also the time taken to reach at that specific store is less. For example, I myself prefer going to Lulu Hypermarket over Panda Hypermarket because of the difference in the location of both the stores and also Lulu Hypermarket is more near to me than Panda Hypermarket. The location of Lulu is more attractive.  

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Francis works for a local fly-fishing shop. The shop allows employees to purchase two fly rods per year at a discount. This year
RUDIKE [14]

The amount of discount that has to be included in Francis's income is 0.

<h3>How to solve for the discount amount</h3>

The amount of the discount - sales price

= 300 - 250

= $50

This is the discount when it is sold to employees

Next we solve for the gross profit as

sales price x gross profit rate

= 300 x 30%

= 90

Given the amounts that we have here we have to conclude that the amount to be included in the account is 0

Read more on what a discount is here:

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6 0
2 years ago
Variable costs are Group of answer choices
Alex

Answer:

B) costs that change with the level of production.

Explanation:

Variable costs are costs that change according to the total production output.

The two main cost components in the production process are fixed costs, which remain to be paid even if the firm shuts down temporarily, and variable costs, which are subject to change according to the level of production.

Therefore, the answer is alternative B)

4 0
3 years ago
George is a captive agent with the Englewood Insurance Company. Being a captive agent means he has signed a
Olegator [25]

True

A captive agent means they have signed a contract to stay with the company for that many number of years

5 0
3 years ago
According to an SEC investigation, Computer Associates, one of the world's largest software companies, backdated contracts to bo
professor190 [17]

The statement, "According to an SEC investigation, Computer Associates, one of the world's largest software companies, backdated contracts to boost the company's reported revenues. This is not prescribed as an ethical business practice." is True .

Option a

<u> Explanation: </u>

To thrive in the competitive world of business one has to have ethics in doing business.  By doing ethical practices in the business it will boost the image of the company before the customer and it will be helpful for them to compete in the market.

From the above statement even though it is the world's largest software company it has backdated the projects contracts period to show better performance in the revenues.

Even though the project are genuine but the moral responsibility in reporting revenues  to the investors take taken a dent by doing an unethical thing.

6 0
3 years ago
The nominal interest rate is 6 percent and the real interest rate is 2.5 percent. What is the inflation rate?
Vlad1618 [11]

Answer:

3.5 percent

Explanation:

6 0
3 years ago
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