In Reilly's law of retail gravitation, the point of indifference is _____
a. the customer's perceived similarity between two competing retailers
b. the geographic breaking point at which shoppers are indifferent to shopping at either of two cities
c. the limit of a city's trading area
d. determined solely by the merchandising effectiveness of a city's retail operations
b
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________ is an approach to factor analysis that considers the total variance in the data
A) Principal components analysis B) Common factor analysis C) Omega method D) Unweighted least squares
On adjustable rate loans, the Annual Percentage Rate quoted at the start of the loan
A) takes into account the initial contract rate on the loan, but not future contract rates. B) takes into account the initial contract rate, and the highest possible contract rate given the terms of the loan. C) takes into account the average expected contract rate over the duration of the loan. D) is not published because future contract rates can not be known with certainty.