"The number of dogs in U.S. that are 7 years old or older" is related to the demand for senior dog food. This is an example of a________ because the number of older dogs determines how many bags of senior dog food can be sold.
A) market index
B) market share
C) market factor
D) market potential
E) sales potential

Question

"The number of dogs in U.S. that are 7 years old or older" is related to the demand for senior   dog food. This is an example of a________ because the number of older dogs determines how many bags of senior dog food can be sold.
A) market index
B) market share
C) market factor
D) market potential
E) sales potential

Quizplus · Accepted Answer

This is an example of a market factor because it represents an external element (the number of older dogs) that influences the demand for a specific product (senior dog food) in the market.

"The Number of Dogs in U