What does threshold population mean?
Definitions for threshold population
thresh·old popu·la·tion
This dictionary definitions page includes all the possible meanings, example usage and translations of the word threshold population.
Wikipedia
Threshold population
In microeconomics, a threshold population is the minimum number of people needed for a service to be worthwhile. In economic geography, a threshold population is the minimum number of people necessary before a particular good or service can be provided in an area. The concept is equivalent to the "range" in central place theory and retailing, which delineates the market area of a central place for a particular good or service, and is dependent on the spatial distribution of population and the willingness of consumers to travel a given distance to purchase particular goods or services.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 or Waitrose 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.
Wikidata
Threshold population
In microeconomics, a threshold population is the minimum number of people needed for a service to be worthwhile. In geography, a threshold population is the minimum number of people necessary before a particular good or service can be provided in an area. The concept is equivalent to the "range" in central place theory and retailing, which delineates the market area of a central place for a particular good or service, and is dependent on the spatial distribution of population and the willingness of consumers to travel a given distance to purchase particular goods or services. Typically a low-order shop may require only 800 or so customers, whereas a higher-order store such as Marks and Spencer or Waitrose 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.
Numerology
Chaldean Numerology
The numerical value of threshold population in Chaldean Numerology is: 7
Pythagorean Numerology
The numerical value of threshold population in Pythagorean Numerology is: 5
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"threshold population." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/threshold+population>.
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