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Based on levels of income and wealth, one of the following economic changes would probably lead to a shift in market opportunities.
Spending more money will boost the economy, stimulate company expansion, and lower unemployment. However, consumption will undoubtedly drop if consumer incomes decline. As a result, businesses perform worse, there is more unemployment, and the economy is less stable.
Demand and supply are two of the most important economic aspects that impact marketing. A marketing campaign's main objective is frequently to increase demand. A product's price may be high in times of high demand, boosting a company's profitability. if there is little demand.
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