Increasingly,companies are finding that their markets are ________ as middle-market Americans migrate toward more premium products.
A) "triangle shaped"
B) "inverted"
C) "hourglass shaped"
D) "circular"
E) "linear"

Question

Quizplus · Accepted Answer

An hourglass shape describes a market where there is a decline in demand for mid-level products, resulting in an increase in demand for both low-end and premium products. This is in line with the statement that middle-market Americans are migrating towards more premium products, indicating that the market is becoming hourglass-shaped. The other answer choices do not fit the context of the statement provided.

Increasingly,companies Are Finding That Their Markets Are ________ as Middle-Market