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Which of the following would likely cause a change in market opportunities based upon levels of income and wealth? * economic change political change sociological and demographic change technological change

Sagot :

Based on levels of income and wealth, one of the following economic changes would probably lead to a shift in market opportunities.

What impact does the economy have on business?

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.

How does the market impact economics?

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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