Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What are limitations in applying Reillys Law? A. All of the above B. The population in the comparative communities must be relatively homogeneous from cultural,

What are limitations in applying Reillys Law?

A. All of the above

B. The population in the comparative communities must be relatively homogeneous from cultural, economic and social perspectives.

C. It should not be used to delineate neighborhood trade areas in urban areas. It is better to use Reillys Law for independent communities surrounded by countryside rather than suburbs or urban neighborhoods.

D. It should be used between similar-sized communities.

E. It tends to overestimate the shopping population because it assumes that everyone inside the trade area shops locally for locally available goods and services. It does not recognize that local people do some of their shopping outside the community or that some people outside the trade area will sometimes shop in the community rather than always shopping in their home community.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Decision Support And Business Intelligence Systems

Authors: David King, Ting Peng Liang

9th Edition

013610729X, 9780136107293

More Books

Students also viewed these General Management questions

Question

Keep your head straight on your shoulders

Answered: 1 week ago

Question

Be straight in the back without blowing out the chest

Answered: 1 week ago

Question

Wear as little as possible

Answered: 1 week ago