Consumer's income- how would a change in your potential customers' incomes affect Demand for sprouts famers market
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Question:
- Consumer's income- how would a change in your potential customers' incomes affect Demand for sprouts famers market product?
- Elasticity- How strongly (not which direction) will raising or lowering the price affect your business? What are key characteristics about your consumers and business environment that affect their elasticity for sprouts famers market?
- Expectations- what are your company's expectations of how the market for your good or service will change? How do these expectations affect your business decisions for sprouts famers market?
Expert Answer:
Let me provide insights on how changes in consumer income price elasticity and market expectations can affect the demand for sprouts at a farmers mark... View the full answer
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