For Service and Retail Stores, a Prime Factor in Location

question 33

True/False

For service and retail stores, a prime factor in location analysis is customer access.

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Definitions:

Disposable Income

The sum of funds available to a person or family for spending or saving once income taxes are subtracted.

Consumption

The action or process of using goods and services for personal use or enjoyment within an economy.

APS

Acronym for Average Propensity to Save, which is the proportion of income which is saved, usually expressed as a percentage of total household income.

Disposable Income

The sum available for household consumption and saving after the reduction of income taxes.