With an increase in marketing expenditure, market demand ________.
A) continues to rise at an increasing rate
B) initially increases and then declines
C) increases first at an increasing rate, then at a decreasing rate
D) decreases first and then spikes
E) continues to increase at a decreasing rate

Question

Quizplus · Accepted Answer

Market demand typically increases at an increasing rate initially due to heightened consumer awareness and interest, but as saturation occurs, the rate of increase slows down, leading to a decreasing rate of growth.

With an Increase in Marketing Expenditure, Market Demand ________