Phil Spencer Phil Spencer Philip John Edward Spencer "Phil" Spencer (born 11 December 1969) is a British media personality, television presenter and journalist, best known as the co-presenter of Channel 4 property show "Location, Location, Location" along with its spin-off "Relocation, Relocation" between 2004 and 2011 alongside Kirstie Allsopp. In 2011, Phil presented the holiday programme "Vacation, Vacation, Vacation", but since 2012 has hosted property show, "" and Love It Or List It for Channel 4. Spencer was educated at Uppingham School, a co-educational independent school in the small market town of Uppingham, Rutland, in the Midlands, where he was Head Boy.
Location model or preferred products. In 1929, Hotelling developed a location model that demonstrates the relationship between location and pricing behavior of firms. He represented this notion through a line of fixed length. Assuming all consumers are identical (except for location) and consumers are evenly dispersed along the line, both the firms and consumer respond to changes in demand and the economic environment. In Hotelling’s Location Model, firms do not exercise variations in product characteristics; firms compete and price their products in only one dimension, geographic location. Therefore, traditional usage of this model should be used for consumers who perceive products to