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One of the cues a customer uses in determining a retailer's image is the retailer's prices.
Markets with a population of less than 50,000 do not present many opportunities for
retailers and hence should be avoided.
Explain how the concepts of demand density, supply density and site availability can be
used by a retailer to optimize site selection.
Walmart has a significant negative effect on the mom-and-pop business sector.
The LIFO method cushions the impact of rising or falling prices by matching current
costs against current revenues.
