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threshold population

In geography, the minimum number of people necessary before a particular good or service will be provided in an area. Typically a low-order shop (such as a grocer or newsagent) may require only 800 or so customers, whereas a higher-order store such as Marks and Spencer may need a threshold of 70,000 to be profitable, and a university may need 350,000 to be viable.

Thresholds may also be linked to the spending power of customers; this is most obvious in periodic markets in poor countries, where wages are so low that people can buy the goods or services only once in a while.

© RM 2012. Helicon Publishing is division of RM.


 
 

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Honduras Flag
The blue and white triband is based on the flag of the Central American Federation (CAF), a grouping of African states imposed by the British government in 1953. The stars represent the Federation's five original members. Effective date: 18 January 1949.

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