Based on the Radar Chart of the Weighted Scores Provided

question 76

Multiple Choice

Based on the radar chart of the weighted scores provided below,which of the following interpretations is incorrect?

• A)Site A wins on the Sales criteria but is last on the Location criteria.
• B)Site C wins on the Security criteria and scores high on the remaining three criteria.
• C)Site B scores lowest on each of the four criteria.
• D)No site dominates on each of the four criteria.

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Definitions:

Scarce Resources

Limited natural, human, and capital resources that cannot satisfy all wants and needs.

Consumer Preferences

Describes the subjective tastes and preferences of individual consumers, influencing their purchasing decisions.

Marginal Benefit

The additional satisfaction or value a consumer gains from consuming one more unit of a good or service.

Purely Competitive

Describes a market structure where many small firms compete against each other, with no single entity able to control the market price.