Which of the Following Is/are Disadvantage(s)of Locating in a Central

question 14

Multiple Choice

Which of the following is/are disadvantage(s) of locating in a central business district?

• A)Intense competition
• B)High rental rates
• C)Traffic congestion and inadequate parking facilities
• D)All of the above

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Definitions:

Government Program

refers to an official initiative or project established and funded by a government to achieve specific goals or provide certain services to its citizens.

Land Under Cultivation

Land that is actively used for the production of crops and agricultural goods.

Cross-Price Elasticity

A measure of how the quantity demanded of one good responds to a change in the price of another good.

Substitutes

Goods or services that can be used in place of each other, where an increase in the price of one leads to an increase in demand for the other.