Which of these statements MOST accurately describes Hotelling's Law?

Competing businesses are likely to be drawn toward a center point in order to minimize the advantages that location might grant to their competitors.

As businesses move away from a zone of profitability, distance decay reduces profitability as the business is in a zone where consumers will not travel.

A prime location for a business is where demand for a certain retail good is high enough to generate revenues that exceed the costs of doing business there.

Location theory considers factors such as workforce availability, education, and community culture and appeal.

Inequalities between the core and periphery keep core countries economically developed and periphery countries undeveloped.

Answer:

Competing businesses are likely to be drawn toward a center point in order to minimize the advantages that location might grant to their competitors.

Explanation:

Competing businesses are likely to be drawn toward a center point in order to minimize the advantages that location might grant to their competitors.

Business rivalry is an argument between companies that offer comparable goods or services or that aim their marketing efforts at the same consumer base.

Companies compete with one another to attract and keep customers, boost sales, and expand their market share.

High levels of business rivalry can be a sign of a thriving, profitable market and frequently raise the standard of all goods and services offered by motivating businesses to upgrade their operations, meet the wants of their clients, and strengthen their client connections.

Therefore, Competing businesses are likely to be drawn toward a center point in order to minimize the advantages that location might grant to their competitors.

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Companies A and B produce phone chargers. Company A makes 15 phone chargers when Company B makes 20 phone chargers. When Company A makes 30 phone chargers, how many phone chargers does Company B make?

How much energy does it take to deliver and treat the water used in America every year? How many tons of greenhouse gas emissions could be reduced each year by 1 out of 100 Americans changing their water fixtures to water efficient ones?

HELP!!!!

Suppose that baby grand piano cost $8000 and looses 15%
in value each year. What would be the value of the piano in
12 years? Round your answer to the nearest hundred.
A.) $1137.93
B.) $1274.88
C.) $1078.44
D.) $5780.00

Read the following excerpt carefully before choosing your answer.

This passage is from Senator Marco Rubio's April 2015 Speech at Miami's Freedom Tower.

"I find comfort in the ancient command to, 'Be strong and courageous! Do not tremble or be dismayed.'"

In these lines, Rubio encourages Americans to

be content with the present
rely on the glory of the past
fight against inequality
approach life without fear

How do you stop shivering while its raining and all you have is one blanket?

explain two ways in which judicial activism could be used to protect civil liberties

Which location on the map above was the site of a devastating tsunami in 2004, killing more than 200,000 people?
A)Letter A
B)Letter B
C)Letter C
D)Letter D
E)Letter E