B2 – Upper Intermediate
Do you ever wonder why you see competing shops in one crowded spot? Is it a matter of keep-your-enemies-closer strategy or an efficient spatial competition? Find out below.
Discussion Questions:
- Please explain Hotelling’s Law.
- If you were to put up your own business, what would it be? How would you apply Hotelling’s Law to find a location for your business?
- Give some examples of product differentiation.
- What are some booming businesses in Spain nowadays?