The gravity model of service markets explains the best location for a consumer service based on which two factors?
(1 point)
Responses
the density of the local population and the ranking of the nearest global city
the density of the local population and the ranking of the nearest global city
the number of people in the market area and the distance they must travel
the number of people in the market area and the distance they must travel
the population of the urban center and their average purchasing power
the population of the urban center and their average purchasing power
the cost of transportation and the average time to get to the location
the cost of transportation and the average time to get to the location
the cost of local labor and the strictness of regulatory laws
1 answer
the number of people in the market area and the distance they must travel