Racquetball playing,which is very much affected in size by the level of industry marketing expenditures,is known as a(n)________.

Question

Quizplus · Accepted Answer

Expansible market refers to a market that can be expanded with increased marketing efforts. Racquetball playing is influenced by industry marketing expenditures, indicating that it is an expansible market. Nonexpansible market refers to a market that cannot be expanded regardless of marketing efforts, potential market refers to the total market demand that exists, and target market refers to a specific group of consumers that a company targets with their marketing efforts, which is not applicable in this context. Market demand function is a mathematical equation that shows the relationship between market demand and its determinants, and is not relevant in this context.

Racquetball Playing,which Is Very Much Affected in Size by the Level