According to Reilly's law of retail gravitation,if two cities have populations of 100,000 and 400,000 people and are 20 miles apart,the point of indifference is located 6.7 miles from the smaller city.

Question

Quizplus · Accepted Answer

Reilly's law of retail gravitation states that the point of indifference, where consumers are equally likely to shop in either city, is located at a distance between the two cities that is proportional to their populations and inversely proportional to the square of the distance between them. Using this formula, we can calculate that the point of indifference between two cities with populations of 100,000 and 400,000 people, located 20 miles apart, is approximately 6.7 miles from the smaller city. Therefore, the statement is true.

According to Reilly's Law of Retail Gravitation,if Two Cities Have