Central Place Theory Predicts All of the Following EXCEPT

question 28

Multiple Choice

Central place theory predicts all of the following EXCEPT

• A)there will be more small towns than larger towns.
• B)larger towns will have larger market areas than smaller towns.
• C)towns of the same size will be evenly spaced.
• D)all towns and cities offer the same products and services.

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Definitions:

Variable Costs

Costs that vary directly with the level of production or sales volume.

Production Level

The quantity of goods or services produced within a specified period by a company, factory, or manufacturing plant.

Direct Labor

The cost associated with workers who are directly involved in the production of goods or services.

GAAP

Generally Accepted Accounting Principles; a set of rules and standards used for financial reporting and accounting.