Locations in a Shopping Center Affect Both Sales and Occupancy

question 28

Multiple Choice

Locations in a shopping center affect both sales and occupancy costs.Which of the following statements is not true in describing the relationships?

• A) The more expensive locations are closest to the supermarket in a strip shopping center.
• B) Shops,like a flower shop,which attract impulse buyers,should be close to the supermarket in a strip shopping center.
• C) A destination store,like a shoe repair store,should be located close to supermarket in a strip shopping center.
• D) Stores that cater to consumers engaging in comparison shopping are benefited from being located in more expensive locations near the department store anchors.
• E) A retailer such as Foot Locker need not be in the most expensive location because customers are in the market for this type of product before they even go shopping.

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Definitions:

Real Wages

refer to wages adjusted for inflation, representing the actual buying power of an individual's earnings.

Excess Over Minimum

The amount by which something exceeds a set minimum threshold or requirement.

Labor Market

A marketplace where employers find workers and workers find jobs; it involves the supply of labor by households and the demand for labor by businesses.

Great Divide

Often refers to significant differences or inequalities between groups, regions, or countries, especially in the context of socio-economic status.