Question: A CEO of Otis elevators commented on how examining elevator populations in countries measured as units installed per thousand people gives an estimate of the

A CEO of Otis elevators commented on how examining elevator populations in countries measured as units installed per thousand people gives an estimate of the market for elevators. The fact that China had about one-half an elevator per thousand people (at the time the CEO made the observation) is indicative of:
Group of answer choices
High population level
Low technological level
High product saturation level
Low product saturation level

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