The location decisions of service firms will generally pay more attention to parking, access, and traffic counts than will goods-producing location decisions.

Question

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Service firms rely heavily on foot traffic and convenience for their customers, so factors such as parking, access, and traffic counts are very important for their location decisions. On the other hand, goods-producing firms may prioritize factors such as proximity to suppliers, transportation costs, and labor availability over parking and traffic counts.

The Location Decisions of Service Firms Will Generally Pay More