Examlex

Solved

What Type of Shopping Centre Serves at Least 250 000

question 78

Multiple Choice

What type of shopping centre serves at least 250 000 people within a 30-minute driving-time radius and usually houses several major department stores in addition to as many as 200 smaller stores?


Definitions:

Diminishing Marginal Utility

The economic principle that as a person consumes more of a good, the incremental satisfaction gained from consuming additional units tends to decrease.

Ballet Slippers

Lightweight, flexible footwear specifically designed for ballet dancing.

Utility-Maximizing

The economic principle that individuals seek to get the greatest satisfaction or utility from their consumption choices, given their resources.

Peanut Butter

A food paste or spread made from ground, dry-roasted peanuts, often consumed as a source of protein and healthy fats.

Related Questions