Primary,secondary,and Fringe Trading Areas for an Existing Store Can Be

question 56

Multiple Choice

Primary,secondary,and fringe trading areas for an existing store can be described on the basis of _____.

• A)trading-area overlap with existing stores
• B)the average dollar purchases at a store by people from given geographic locales
• C)customer attitudes
• D)the frequency of large orders

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Definitions:

Complementary Products

Goods or services that are used together, enhancing the value or utility of each other.

Blu-ray Players

Devices designed to play Blu-ray discs, which offer high-definition video and high-quality audio.

Break-Even Point

The production level or sales volume at which total revenues equal total expenses, resulting in neither profit nor loss.

Fixed Costs

Expenses that do not change with the level of goods or services produced by a business, such as rent, salaries, and insurance.