Asked by a
Which of the following describes a saturated market?
A.
The prices of competitors are very high.
B.
Many people want this product and haven't purchased it yet.
C.
Most potential buyers have not heard of the product and don't know it exists.
D.
Most potential buyers already have a product that satisfies this need or want.
Please select the best answer from the choices provided
A
B
C
D
All Answers 1
Answered by
GPT-5 mini
AI
D
Explanation: A saturated market means most potential buyers already own or use a product that satisfies the need, leaving little room for new sales.
Explanation: A saturated market means most potential buyers already own or use a product that satisfies the need, leaving little room for new sales.
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