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Which of the following describes a saturated market

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User Noox
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2 Answers

2 votes

Answer:

Most prospective buyers also have a commodity that suits or wants to satisfy there need.

Step-by-step explanation:

  • In business, market saturation is a condition where a commodity has dispersed within a sector; the current level of saturation will rely on the standard of living of consumers; as well as demand, costs, and technology.
  • Once the number of items of a particular product or service has leveled out, resulting in further revenue falling, the good or service has hit its saturation in the industry. The penetration of the market is calculated by increased competition and by economy and competition in the market.
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User Kmoser
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answer is option D that is Most potential buyers already have a product that satisfies this need or want.
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User Chris Forrette
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8.1k points

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