A convenience store chain is considering opening a new store at one of four locations.They have developed the following multi-criteria scoring model for this problem.Complete the table for this problem.What location should they choose based on this information?
Definitions:
Profit-Maximizing
A method or strategy executed by a company aiming to achieve the highest possible profit given the constraints it faces.
Marginal Cost
The cost of producing one additional unit of a good or service, crucial for economic decision-making.
Antitrust Laws
Legislation enacted to prevent new monopolies' formation and promote competition by regulating anti-competitive conduct by companies.
Nash Equilibrium
A concept in game theory where each player's strategy is optimal, given the strategies of other players, leading to a situation where no player has an incentive to deviate from their chosen strategy.
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