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Which of the following is NOT an analytical method managers use to evaluate locations?
Substitute Goods
Products or services that can serve as replacements for each other, satisfying similar customer needs or desires.
Macroeconomic Effect
Refers to the large-scale impacts on an economy, including changes in inflation, unemployment, gross domestic product, and national income.
Microeconomics
studies the behavior of individuals and firms in making decisions regarding the allocation of limited resources.
Macroeconomics
The branch of economics that studies the behavior and performance of an economy as a whole, focusing on total national income, employment, and price levels.
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