A new vendor wants to position his cart on a beach where another seller is already selling from a cart. To attract as many customers are possible, the new vendor should choose:
A)the spot as far from the current seller as possible.
B)the middle spot on the beach.
C)the side of the beach with the most customers and as close to the current seller as possible.
D)a location with as many customers between the two vendors as possible.

Question

Quizplus · Accepted Answer

By choosing a spot on the side of the beach with the most customers, the new vendor is maximizing their potential customer base. Additionally, by positioning themselves close to the current seller, they may attract customers who are already in the area and looking to purchase similar items. However, choosing a spot directly next to the current seller could create competition and drive customers away from both vendors.

A New Vendor Wants to Position His Cart on a Beach