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Central Place Theory

Published on Nov 18, 2015

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MORE DECKS TO EXPLORE

PRESENTATION OUTLINE

1.

How far would you travel for:

Photo by Moyan_Brenn
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Dinner

Photo by Werner Kunz
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coffee

Photo by Steve Webel
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prom dress

Photo by Theregsy
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pro sports

Photo by sethladd
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fine jewelry

Photo by Jill Clardy
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college

Photo by Suzie T
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Value of a Good Determines the Location

Photo by IntelFreePress
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Lower Order Goods

Photo by classic_film
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Higher Order Goods

Photo by UweBKK (α 77 on )
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Central Place Theory

Photo by Jim Nix / Nomadic Pursuits
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22.

Central Place Theory in review

  • To determine CP goods are ranked by Threshold and Range
  • Threshold- minimum level of demand of a good
  • Range- Max distance people will travel
  • Threshold and Range vary based on consumer
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Kevin Barry