The market boundary is:
A) a location beyond which a source cannot supply
B) the line between two or more supply sources where the landed cost is the same
C) an agreed-upon boundary beyond which competition will not sell
D) the extent of a market area
E) a legal limitation placed on the delivery of goods.

Question

Quizplus · Accepted Answer

The market boundary refers to the line between two or more supply sources where the landed cost (the total price of a product once it has arrived at buyers' hands) is the same. This concept is used in geography and economics to analyze market areas and competition.

The Market Boundary Is