Asked by
Kevin Garcia
on Oct 25, 2024
Verified
Which of the following features are relevant for determining the extent of a market?
A) Its geographical boundaries
B) Technological innovations that would reduce the cost of production
C) The range of products to be included in it
D) both A and B
E) both A and C
Technological Innovations
New or improved technologies, processes, or methods that significantly increase efficiency or productivity.
Geographical Boundaries
Physical or political demarcations that define separate areas, regions, or territories.
- Ascertain principal factors influencing the geographic reach of markets.
Verified Answer
KM
Learning Objectives
- Ascertain principal factors influencing the geographic reach of markets.
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