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1. Ten different car dealerships have opened their business along 8 consecutive blocks on Camelback Road in Phoenix, Arizona. This is an example of what?

1) direct competition

2) price comparison

3) product location

4) clustering

2. Complementary land use associations refers to those associations between sites that compete with one another.

1) True

2) False

3. According to the bid rent curve, the greater the distance from the CBD the greater the value of land because more expensive housing is located on the outer fringes of the urban area.

1) True

2) False

4. A unit that consists of individuals or groups occupying recognizable places of business, residence, government, or assembly is termed a(an)

1) agglomeration.

2) establishment.

3) linkage.

4) situs.

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92414556

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