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Use the Principle of Median Location and the diagram below to answer the following questions. Assume ubiquitous inputs. CD 21 location population Where should a firm locate along this diagram? Explain why any other location would not be optimal. • How large would location F have to grow by in order to become the optimal location?

Use the Principle of Median Location and the diagram below to answer the following questions. Assume ubiquitous inputs. CD 21 location population Where should a firm locate along this diagram? Explain why any other location would not be optimal. • How large would location F have to grow by in order to become the optimal location?

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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4. Use the Principle of Median Location and the diagram below to answer the following questions. Assume ubiquitous inputs. ● 7 B с 21 E location population Where should a firm locate along this diagram? Explain why any other location would not be optimal. How large would location F have to grow by in order to become the optimal location?
Transcribed Image Text:4. Use the Principle of Median Location and the diagram below to answer the following questions. Assume ubiquitous inputs. ● 7 B с 21 E location population Where should a firm locate along this diagram? Explain why any other location would not be optimal. How large would location F have to grow by in order to become the optimal location?
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