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So should Red Lobster be looking to locate near its competition? Why or why not? Also, what if the choice comes down to two cities
So should Red Lobster be looking to locate near its competition? Why or why not? Also, what if the choice comes down to two cities with similar demographics? City A has, say, 6 similar restaurants while City B has, say, 3 similar restaurants. Is the answer definitely that Red Lobster should locate in City B? Do customers have a fixed number of times that they will eat out per month, or may that number vary if there are more choices
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