Which of the following is TRUE about the spending potential index?
A) It compares average expenditure in a particular area for a product and compares it to the amount spent on that product nationally.
B) It compares sales predictions based on various retail locations.
C) It is an index that provides retailers who are thinking of expanding into international markets with data on what consumers spend.
D) It compares what retailers spend on real estate in a given market and compares it to the national average.
E) It offers retailers information on property values as well as local tax information so they are better able to compare prior to purchasing.
Correct Answer:
Verified
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